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I recently met a woman that has 3 duplexs in a very desirable suburb of Madison, WI valued at around $1 million. She would like to sell them but are reluctant due to the amount of taxes she'd pay. She plans on passi...
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With this last round of insurance increases we are paying almost $50 per month per apartment. I am considering how hard it is to collect anything when theres a problem. how much the deductible is means I’m already co...
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I am a new Real-Estate Investor and I am looking for my first investment using BRRRR. I'm in the process of educating myself and analyzing deals and living in Colorado Springs I don't have the most favorable local mar...
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Correct me if there are things I'm missing, but here is why I think this situation is different for multifamily than any other recession.
This is not like any other economic crisis because the gov
immediately deci...
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Okay so I'll try to keep this concise. I'm looking for advice, and if anyone local is interested in perhaps taking over the project, having lunch/coffee, or recommending any good property managers/GCs, I'm all ears!I ...
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Hi BP folks!I want advice on a lender that I might be working with. She's not asking for any upfront fees, but she does ask for a due diligence fee of upto $75,000 that is held in a escrow account in NY. She is asking...
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After listing a 1BR apartment in the Chicago suburbs, I ended up showing the property to a woman and her daughter who said they were originally from Chicago but have been living in Italy for the last 25yrs. They seem...
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Would be happy to hear about anyone buying a 2nd mortgage at Sheriff Sale or advise.Here is what I am looking at per the Owner and Encumbrances Report I pulled-1. 1st mortgage from 5/1999 securing the original amount ...
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Hi everyone, First, I want to say i was really excited when i found this site and it really lit a fire under my butt. Im 33 years old, married, and have 3 kids. Ive been an electrician for 10 years so have plenty of...
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Hi BP,My husband and I have been thinking about selling one of our rentals, but we are a little conflicted and would love your input.I think we should sell, this property was an "accidental" rental (our first home, th...