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Hi Guys! I am planning to buy a duplex using FHA loan so I can make a downpayment of 3.5%. Is it possible to keep the one unit vacant and not live in there? I just want to have the benefits of the low downpayment. (ho...
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The topic says it all: say you could invest in residential (multifamily, with maybe a few house flips here and there) up to 500k. Where would you go? I'm sick of Chicago's property tax hikes. Looking for markets that ...
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Do you have a standard percentage you use for evaluating a rental property...I feel comfortable with 10% across the board...any thoughts?VacancyCapXRepairs...Thanks
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Just wanted to see what people do. I've owned RE for about 3-4 years and I haven't told a single coworker about it. I'm a private person in general. Still though sometimes I consider it. I think it's interesting conve...
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Hello BP! We are managing our first rental property and have come across a concern with pets at the property. We approved 1 dog (specifically identified on the lease) for the tenants. We recently learned that they too...
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So... I've got this apartment building under contract. I've advertised it to the two local REIA groups we have here and I have it posted on Craigslist. I've called several people in my network to let them know. I'v...
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After writing this, I now realize it's pretty long, so I put the main focus and details of the deal in bold and the rest of the fluff in italics.Prior to successfully completing my first real estate deal, one of the t...
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Since yesterday a company called Nvidia is valued higher than Apple. Yes, you have read that correctly. 3 Trillion $ market cap. Nvidia is now the second biggest company in the US. Ask 10 random people today about Nvi...