Vidit Maini
Need guidance - Should I rent to some1 w a discharged bankruptcy?
Folks,What are your thoughts on renting to someone who has a discharged bankruptcy in 2014 ? What other factors/items can I check to reduce risk in such a case ?Thanks a ton,Vidit
Steven J.
Why would a 4 plex turn over every 18 months?
I've located a 4-plex I'm researching for my current area. I've got an understanding of the numbers and need to verify a few more things but I did notice on the Tax Assessor site that the property resales on averag...
Stephen Brown
Understanding What Your Market Is NOT
Hello BP Nation,
I've been educating myself on Real Estate for awhile now and I keep hearing in podcasts phrases that go like this:
"I just know that my neighborhood isn't a flipping neighborhood."
"It's hard to ca...
Kyle Soderman
What time is the right time?
This question goes out to all investors new and veteran. Currently I am wondering when is it the right time to let my friends and family know about my goal to become a real estate investor. I know there is no right or...
Kadisha Ledford
New to Wholesaling, Please Help
Hi Everybody! I live in Connecticut and am very new to Wholesaling. How do I go about finding a Respectable Real Estate Investing Attorney, Title company, and contractors in my area.I've tried doing some research but ...
Felix Z.
Chicago Climate: Slab vs. Crawl Space Foundations
Hello everyone, I have been active in my search for my first property and wanted to gain some insight on the pros/cons of a slab foundation vs. crawl space/basement. I know slabs hold up well in warmer climates, but d...
Richard Villandry
How Can I Find A Market To Invest In?
Hey BP!I know one of the first major steps when getting into investing for buy and hold is to determine which market to invest in. How are people figuring out a solid market to invest in? What type of research or meth...
Kaleb Carsten
Business or Deal
I'm ready to admit this may be a less than intelligent question but could someone tell me is it better to get a legal entity set up before your first deal? Or should you get a track record first then with about getti...
JT Byrne
First Multi-family Investment in Chicago
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Chicago.
Purchase price: $595,000
I read all about the first deal and how challenging the first deal could be and I wonder eve...
Greg S.
65% minus repairs rule question
Hello all, quick question...
It seems that the standard for purchasing investment houses for rehab is to use the rule 65% of ARV, minus repair costs.
Using this formula, about what percent profit is built into the d...