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Hello,I am looking to buy my first rental property. I want to spend as little out of pocket as possible, and I am thinking that means I have to look out of the Chicago market and possibly out of state. Since this is m...
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Hello pros. Im a new pro member and I need some advice in order to start to be a real estate investor. I bought a 2 bed 2.5 bath townhouse in 2018 when I was still single and now that I have a growing family with my...
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Hello BPers,As we all spend time analyzing deals and determining “flip” or “buy and hold” I was wondering if anybody here currently runs their numbers anticipating another major market correction. I am not sure if an...
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I'm trying to get my first flip going but family and friends that have money are unsure about going in with me. I don't blame them because it would be tough for me to give someone tens of thousands of dollars too. Now...
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I have run into a tenant that had decided to take a very legalistic approach with me following a request for access to the property. A few days later I followed with a proper notice of intent to inspect the property....
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So a problem that I have been noticing and I'm not sure if this is true in all markets but if a lot of people have a hard time buying in bad neighborhoods c or d class neighborhoods then the suggestion is to buy a run...
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So today I picked up rent plus some past due rent from last month and a late fee. When I told the tenant last month that he was going to be charged a late fee, he looked at me like he couldn't believe I was being so u...
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Hi BP! I own some properties in a small city in Ohio that is looking to institute an ordinance that would require a landlord to register each property they own within city limits. Along with the registration, the ordi...
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Guys,
I have been thinking about taxes lately and have come to realize that they will hit me very hard if I do not proactively find a solution. I trade the markets with with few expenses to deduct and will be in the ...
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Dow dropped 600 points and is now down 430.
Is this bailout going to pass?
Should it?