Amir Haq
Chicago Avondale - Basement Duplex Help
Hello everyone!Recently purchased a 3 flat w/ illegal basement unit in the Chicago - Avondale area. The first floor and basement tenants recently moved out and now we're trying to get some better estimates on what it...
Michael Wang
Tax question for LP passive investments and personal capital gain
Hi guys,
I have a tax related question if any of you guys have personal experience or knowledge.
This year I have invested in several syndication's as an LP (passive investor) at the same time in which I have sold a...
Account Closed
Location. Location? Location!
I have my hands in quite a few different Real Estate pots- but it seems like one thing is always the same.
"Where is it located?"
Its a Valid question but I have come to realize that it carries perhaps to much weig...
Sarah Sparks
What are your thoughts on co-wholesaling?
Recently someone told me there was another option for wholesaling known as co-wholesaling. Is co-wholesaling the right thing to do? How do you prevent yourself from being "cut out" of a deal? Have you ever done it and...
Allan Smith
Discussion: The Ethics and Marketplace Use of Wholesaling
I wanted to open a discussion about wholesaling and see if anyone has some insight or input. First, my case study for context:I followed up with a seller today who is inheriting a house with a best use of tear down an...
Dominique Nolen
Clarify the relationship between realtors and wholesalers?
As I’m studying wholesaling, a lot of advice is saying to connect with realtors. I’m still not quite sure how wholesalers and realtors collaborate to their mutual benefit. It makes sense that realtors would have the M...
Jack Lee
DCF Analysis. How to get discount rate????
Hey guys,
I have a question regarding DCF analysis. I have previous experience in finance but I am not sure what to do with discount rates on real estate investments. In finance, you can calculate the cost of equity ...
Rhonda Blue
Debt to Income Ratio for HELOC
HelloI want to take advantage of the high appreciation rates currently in SOCal so I applied for a HELOC of 120,000. I have home value of 770,000 and owe 525,000. That is 245,000 in equity. BofA has called and said th...
Lance Castillo
Mastermind for New Investors
Hello Fellow Investors,
I am creating a mastermind/monthly virtual meeting for investors to discuss where they are with their real estate goals and to brainstorm or discuss ideas for how to further the completion of ...
Joshua Burke
Possible Slip and Fall Claim
We've had a brutal winter in Chicago this year! Lots of snow and ice.
So a tenant in one of our building's rents an illegal basement apartment. We bought the building in Oct and inherited the tenant - I didn'...