What am I missing? What is the formula for Equity Accrued?I am calculating equity accrued in this examplehttp://www.biggerpockets.com/renewsblog/2010/6/30/...He gets 3251 dollars!I get 2129x12-320000x7% = 3148 dollars...

Hey BP!I'm under contract on a 4-plex and I have the property inspection coming up.I have a contingency in my contract for the property inspection, but what does that really do for me?I don't expect to find much (or r...

I see a lot of wholesalers offering properties without a lot of sells.  Is this area hard to find buyers for or do buyers want to be closer to the city?  Areas like University Park, Steger and nearby.  They seem like ...

Finding Deals in a Hot Market – Chicago & Surrounding Are you getting frustrated finding great deals? The key is, knowing what is happening in TODAY’S marketplace. It’s amazing what has happened in the Chicago m...

Forum Folk,I'm reading about tax liens and I think I have it wrong. I assume if your purchase the delinquent taxes then you also own the property. Pretty sure I'm wrong. I'm in Texas and if I purchase the delinquent t...

Investment Info:

Single-family residence fix & flip investment in Kansas City.

Purchase price: $50,000

Cash invested: $3,000

Sale price: $50,000

ARV of $125k-$130k
Rehab costs of $25k

...

I'm trying to put together a report for my clients that has only relevant concise data about our market.  I'm having trouble deciding what is the most important to include in a one page regular report for investors.  ...

For the folks who regularly buy at courthouse auction - how have prices changed in last 6-12 months in your market? Attended a sale today in which a property that I was sure would have sold for less than $75k ended up...

1031 language needs added to my contract. I might/probably/possibly replace my property with a construction 1031. Does a construction 1031 have to be designated as such, and if I don't get a Construction 1031, but r...