I made a couple contacts through this forum with out of staters who I might buy properties from. They offer turnkey products, which works for me because I don't want to have to deal with contractors to rehab them. I h...
Hello BP!I have a few questions for my Illinois landlords and anybody else who might have some input.Gov. Pritzker announced last month that the moratorium will end by August in Illinois. This has been long overdue a...
Hello everyone! Can I buy a house that is pre-foreclosure? Can I buy a house that is in foreclosure?Is there a difference between in foreclosure and foreclosed on?I assume I can still buy a house that is pre foreclosu...
Hello. I already got a property manager for my 4 bedroom 2.5 bath single family home, but their fees are quite high and communication could be better. We also use American homeshields (price increase from 500-980$ thi...
New investor (8 months in) investing remotely in Indianapolis. I currently own a SFH and Duplex both being managed by the same PM team.Apart from the expected late rents from C class tenants, the monthly maintenance c...
Hello everyone!My friend and I have been tossing the idea around of investing in our college town however I've been having second thoughts regarding the process. I wanted to reach out and ask if any of you have had an...
Some BackgroundI'm a complete newbie living in New York. I never invested in real estate before but am definitely interested. Unfortunately my W-2 job really doesn't give me time to attempt more time intensive strateg...
I’m in escrow and today I almost got scammed out of 1 million dollars +.A scammer intercepted some emails and pretended to be the escrow officer from the title company. They sent me wiring instructions for over $1 mil...
How many properties does a person need to hold to justificy 750 hours? For example if you own a two family house and rent both units it would be hard to justify that you worked 750 hours to maintain this. IRS does not...
Hope everyone had a great holiday! I had a duplex that I sold in 2021, now I’m getting ready to get back in the game. Last time I placed the tenant myself. They were someone I knew so placing them and managing them wa...