Hi All,After reading postings and blogs, and listening to Podcasts here for the last couple of months, I finally pulled the trigger. I have my first rental property under contract.  The purchase agreement is a 6-unit ...

As the subject questions; what is the most effective tax strategy during the buy and hold growth phase? While working to grow and add additional properties, would it be a good idea not to report any expenses to your C...

I’m new to owning mfh’s and am looking at house hacking a duplex that’s listed for $165k. Rent for each unit is currently $950/month. I’ll be living in one and renting the other. I plan on utilizing an FHA loan for fi...

Hi BP! I'm attempting to solve a challenge. Currently we have 20 units, all needing mowing/lawncare.Currently I have about 6 companies handling this because the units are spread throughout the Chicago suburbs. Althoug...

Hello all,I am trying to do my first deal/buy my first MF property but I haven't been able to move the needle.I am focusing on Small MF (2-4 units), with a value-add strategy. I have been cold calling direct-to-seller...

Economic Update(Monday, June 29, 2020)
The economy turned the corner in May after the sharpest and fastest downturn in U.S. history, but further progress in recovering from the pandemic is likely to come much slowe...

Thinking of selling my 4 unit I've owned since 2010. One of the reasons is being more focused in on my W-2 wage earning career, and kids activities. I feel it's a little overwhelming in this stage of my life at the m...

AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...

What do you think the average net worth for a retired person is? How much do you think for ages 20-30,30-40,40-50,50-60,60-70 ?