Hey guys great website here and lots of information.
well first off im 25 years old i live in the northwest side of Chicago Il, I have currently seen a great number of properties being foreclosed of abandoned in m...
Let's say I were to find a deal where I would be taking over the seller's payments and that all of the expected costs to get the deal together and lease optioned out to a tenant buyer came to $10,000. I don't have th...
I’ve read conflicting answers on depreciation and how or if it can be used against w2 income. I have decided to get started investing in rental houses and I’m trying to understand the tax side before buying anything. ...
When a seller gets cold feet are there any other options/strategies besides clouding title?
Hey BP Forum! I wanted to get some perspective on how difficult it is to invest and manage properties that are not in your immediate area. What are the challenges you face and have people found success in this?
Absentee owner still owes 150k in mortgage, asking for 170k. Comps in the area are well over 300k. How should I go about wholesaling this property. Is it possible to wholesale this property? This is my first deal and ...
I really want to invest in more property but am not financially able to. I want to use the home I own now to invest but also don't want to risk losing my house. I live in the Bay Area where home prices are insane, is ...
If you flip a rental do you use the same formula? 70% - REPAIRS? What if the property doesnt need any repairs? Do I have to get the deal for 30% discount in order to flip it?
I have a neighbor that has a house here in Flower Mound that was built in 1980. It’s a 3/2 and is 1965sq ft. My neighbor doesn’t won’t to get a realtor involved to sell her house. The comps in the area are going anywh...
Hi everyone,
I have recently started my investing career, and being young I have little to no cash to play with so I am looking for some no money down strategies. I have been focusing on lease options. I did my first ...