Hi All,
I am about to purchase a 2-unit property in Chicago for 100k. It is an REO so I am not getting good responses from the seller. Here is my concern:
The property is already rented.
a. The seller says one of ...
North Lawndale comes with a stigma, it appears to be a war zone in D areas. However, properties are cheap, and section 8 may provide some sweet returns. Are you experienced in this area? If so, I would like to hear ...
Has anybody ever done this?Was listening to a Tax Podcast talking about potentially doing this via residential housing. Would be smaller in scale, less residents per caregiver (better quality of care), and less headac...
Hello BP,This question may only make sense for Detroit landlords...in other markets it will sound idiotic. I have an occupied property I bought in the tax auction. I had initially worked out a deal with the previous o...
Would like to hear people's experiences investing in Detroit.
surely everyone wants the highest cap rate for their rental properties, but does a high cap rate sometimes indicate a downside? does a high cap rate indicate a bad neighborhood sometimes? etc
I know the advice is to start off wholesaling when you don't have a lot of capital to start investing with or so-so credit. Has anyone tried wholesaling, and NOT like it? I have a property under contract. My first who...
For the longest time we've been using a bank credit card that generates no rewards. (We do pay it off every month). Next year, we've set a target to take a family vacation to Hawaii during our cold North Dakota winte...
I thought I might share my experience surrounding my first deal. I've just recently signed the contract for my first rental property. There was a lot of learning that happened along the way. I've read Rich Dad Poor...
ISO- Anyone with experience factoring or securitizing future incentives including lump sum Historic grants, Local Sales tax rebates and Federal Income tax credits
Abbreviated Background - I am redeveloping a historic...