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Hi,My name is Leo in Illinois. I'm a newbie of real estate business. Does someone recommend a 504 loan to an entry level of investor to purchase a real estate? I formed a LLC last year and it does not produce any pro...
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Hello all,
Has anyone here had good success with doing the BRRRR strategy for apartments and have any interest in providing some input?
Should a newb investor like me just find an operator and go passive?
Am I tota...
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I have a few questions. I found a home foreclosure on realtor.com for $45k in Chicago. The property is occupied. Are there risks in purchasing a foreclosure with renters? At the closing will I be able to add that I w...
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Hi, I'm new to this forum and I want to start buying investment properties in the US and I'm about to start a high-paid silicon valley software engineering position in a few months. I have a signed contract. So I have...
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Do any of my MN landlords know if we are able to evict a tenant that is on a month to month lease, but has applied for RentHelpMN and not received a response to their application? I would give them notice now, and hop...
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Can the BRRRR method be applied to small businesses?
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let’s say a person has little experience or financials. If said person were to join an LLC by amending operating agreement to establish ownership or a decent amount of ownership of an LLC that has ownership of 393 un...
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Both income tax paid overseas for the capital earning and rental income can be used as a tax break. Income tax paid to the foreign can either be deducted or applied as a tax credit when filing your taxes in the US. ...
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Hey fellow BP'ers,So I've been getting PM's about the new rules and though I would post since there is a common theme: What the heck are the actual rules?The first thing that us non-lawyers need to understand is that ...
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Should expenses related to Collection and Damages (caused by a tenant on his way out of a property, above and beyond any security deposit) be subtracted from Gross Operating Income? Or should they be added to Operati...