Good Morning!I’m looking for advice on purchasing an off market property.-It is a 3/2 1580Sqft Single Family House.-The property could use 50-70k in Reno.-The estimated ARV is conservatively 100k over the purchase pri...

Hello all,I've been asked by a colleague if I had any interest in being a private $$ lender for a home flip in the Chicagoland area. I have no experience in this and I'm not even sure where to start to know how the pr...

I'm asking this question on behalf of a client who is selling a property where the total capital gain looks like it will be less than the suspended losses they have accumulated on their tax return over the years of ow...

Good evening everyone!  So, I am looking at my second note purchase, and I have a question for those with more experience!  So the note I am looking at has the UPB of say: $21,000.    Further down the tape, it shows "...

I've been looking for my first investment property for 1 year now and have been unable to find anything that I would consider a "good deal".  Right now, I'm as close as I've ever come to purchasing a house to rent out...

Hey everyone, I wanted to get some feedback on a strategy to leverage a septic violation lien to acquire a property.I am currently negotiating with an Asset Manager on a REO property that has an ongoing septic violati...

I own a 2 flat brick building in Chicago. Over the years some brick cracks and other outside work has accumulated. Some concrete areas around the building need to  be fixed. I would guesstimate 20-40k in repairs.  I h...

Hi all!
I’ve lurked up until now but I love the vibe of this community!! <3
I want to buy my first multi-family property. I have a job that provides me a good salary and I want to invest my spare time building we...

Hey everyone! Without boring you with numbers and a long story I'll just jump into things. I just graduated college and started working a salary job at a large general contractor in Chicago. I accumulated quite a bit ...

we are selling a property (rental for past 7 years) and need some guidance on how to calculate Capital gain and depreciation. Property was purchased for 210.000+closing costs (about 3.000) in 2001. In 2011 it was conv...