Hi BP community! In Chicago, what would be your top 3 criteria to choose to buy a multi-family house in Chicago? (for buy & hold)(for instance, does the 2% rule even work here?)
A mentor of mine has given me an electronic copy of her lease agreement, but I think I should have a different one to cover instances where I am house hacking. I want to be covered, so I think I should hire a lawyer a...
As a wholesaler and private money lender, getting "real" wholesale deals is crucial. Let me give you an example of a recent wholesale deal that I just closed yesterday.
House has been appraised for $350,000. ...
If you’ve managed to untangle yourself from “paralysis of analysis” for long enough to explore your local market, here are a seven ideas to bear in mind:
1. Keep it within 30 minutes of where you live: The reason fo...
I know that isn't a lot of money, but I'm not looking for a mansion.I'm 22, and I've been working dead end jobs since I was 18 to take care of my mom and younger sibling. In that time I've managed to save 17k, and I t...
Hello BP, Do you guys typically have a year built cut-off for BRRRR investing? Meaning, if a house is built prior to 1950, would you even consider buying it as a rehab? What's the general wisdom on basing investment d...
My husband and I just cashed out some stock and paid off our 1st SFH rental. Woo HOO! We have 5 more and our first goal is to get 10 total and pay them off. I'm wondering if someone can help me figure out how to accur...
hi guys,
I'm looking into starting my buy and hold portfolio, today I spoke with a investor actively flipping and holding properties in Phoenix and LosAngles and I pretty much explained to him the success I'm...
My name is Christal B. I'm a licensed real estate agent in California and I want to learn about real estate investment. In addition, I'm a notary public in California and I have an ABA approved certificate in parale...
What does it mean to put a home under contract? It seems like it would be simple to understand but I always end up confusing myself because how could you wholesale a deal to someone if you have the contract in your na...