Chicago is a hot market now but the State, County and City all have significant public employee pension and healthcare debt (that cannot be reduced except maybe in a bankruptcy). Property taxes are already high, but ...
I just love this saying...
and,
"analysis paralysis" = someone (usually a numbers guy) who over analyzes every deal to a point where he can never jump in the game.
Dave Ramsey always uses "leave the cave, go out a...
Too many companies have been very successful after being started by High School drop outs. Others have success by individuals dropping out of college to start their business. Others who have a 4 or 6 year degree end u...
Hey BP!Say you have a duplex that you paid $60k for.Rental income is $1000/month. ($500 upper / $500 lower), property taxes ~2500, insurance ~$600, no major expenses on my end, utilities all in tenants name.Basement h...
Last night I attended the Dave & Pete Flipping Formula seminar, which they were not even there. The seminar was helpful, but I should have known it was too good to be true. They offer resources to money and buye...
@Bill Labrecque and I closed yesterday on a 2-family flip in Southington, Connecticut. As project progresses we will document the progress on this thread.Here are some of the key numbers:
Purchase Price: $87,500...
Pretty simple question... but:
1) I know that some/many of you self-manage. You don't need to tell me "ZERO" and elaborate on how great you are. I get it.
2) I'm sure someone out there still uses a PM or PM compan...
More and more tenants and tenant applicants are quick to perk up and claim "I have a pitbull, it's an emotional support animal" as if they have found some fool proof loophole. Some applicants have as many as 3 pitbull...
I read a ton of books about investing in RE and the BRRRR method. I truly still did not have the confidence to make an offer and purchase a property. I'm looking for little push and help me minimize my mistakes. I re...