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We finished rehabbing this 4 bed/2 bath house in Oak Park, IL and expected to get it under contract within a month or two. Comparables in the area sold for between $400-500k, and since mine didn't come with a garage I...
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Hello All,If you purchase a home for a rehab sell it and then use those funds to purchase another rehab and continue going. Do you have to pay capital gains taxes on that profit earned or is that considered 1031 excha...
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Hey all! I’m looking for some advice on my current triplex..Its my first buy and holdThe deal..3 family in southern suburbs of Boston in need of major rehab. PP $170kRehab $270kall in $470kARV $675kMy original plan wa...
Hi. Forgive me if this is too newb.I'm looking to invest $500k cash into rental properties for income. I want to leverage, but can't use income from other sources to satisfy debt to income ratios (I'm self-employed)...
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here's a rant on the totally abysmal quality of fools trying to mnipulate me into renting my lovely SFR. I use the rental application form as a qualifier and when they can't seem to get it together to submit it (perha...
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hi everyone, I have another newbie question. what are the potential costs to keep a heavily wooded vacant land say for >5years?
I am a foreigner (but will set up a local LLC to buy a land). Will this (https://www....
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Hi,
Has anyone experienced this before? Is it worth paying the penalty?
https://www.greatfinanciallite...
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Investment-savvy individuals, get ready to amplify your retirement game! The Self-Directed Individual Retirement Account (SDIRA) isn't just a nest egg; it's your golden goose. Let's deep dive into how an SDIRA can r...
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My name is Danny Ondik and I currently live in Chicago, IL. I have no real estate investing experience besides what I have read and researched through books/online. My short term goal is to buy my first rental propert...
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I'm new to BP and am truly grateful to have such a wonderful resource available to me. This site has already helped me in a number of ways, and I've been pleasantly surprised by how well the insights and truisms of th...