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There is a piece of land near a high school in my county that I believe is a good buy. I have been on the money previously with land flips. I have doubled my money a couple times...(bought for $10k sold for $20K) and ...
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I currently have two properties (and plan to grow) and my attorney advised against me opening and moving my properties under a LLC, as I financed the properties under my name and I'm told mortgage lenders frown upon t...
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Hi smart flippers,When you have a project going on and your contractor needs constantly buy supplies from HomeDepot, and you cannot accompany him to the store each time, how do you handle the situations? I heard you c...
Hello all,I'm currently in process to become a RE agent in NY as part of my overall plan to become an investor. I started the 75 hour course, and while studying I came across a potential hitch in my plans, specificall...
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I'm planning on reaching out to some different people to form partnerships on SFRs.They would put the money up and we would split income and equity. I plan on setting up an LLC with each partner (planning on having m...
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Good afternoon everyone!
Alright long story short: I'm new and want to make this my life.
I have been looking in the Events and Meetups forums for Chicagoland events and I am not seeing anything current. Most are d...
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I have carport that I want to enclose and convert into a apartment. Rough estimate is 30 to 50k investment to have it be liveable. Was wanting to try and get a heloc as the property has a 2.9 intrest rate and want to ...
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I recently started a wholly owned LLC to perform fix and flips initially, with the idea of transitioning to buy and hold as the cash reserves allow. Is there any tax incentive, or disincentive, to transferring my ...
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Hello BP Family,Prospective tenant want cat in the apartment even though we have no pet policy. Tenant is ready to pay for any damages it may cause.We never have pet issues in the past. I am thinking of renting with p...
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DTI is calculated by adding up all of your monthly bills and dividing it by your monthly income before taxes, then, multiplying it times 100. For example, (2000 ÷ 7000) x 100= 28.6%. Knowing this will give you a bette...