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I have several properties that I bought to hold, possibly until death. Several of those were fixers, but I've never attempted a flip before. (When I say "I", I mean my team, which consists of my retired father and law...
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Option - In legal language, a real estate option is an agreement that grants the party owning the option, the optionee, the exclusive, unrestricted, and irrevocable right to purchase property from the party selling th...
Hello friends,I am looking into selling on of my rental properties, my renter has lived there for about 2 years. By selling I’m looking to profit around $140K before taxes and notary fees etc...My question is tax rela...
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Hello all,I'm an out of state newbie investor looking at a couple properties in Rockford, IL and would like to get some local insight and help before I pull the trigger. The properties i'm looking at look good in the ...
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Hey everyone!
I'm diving headfirst into property development here in Chicago, and honestly, I could use a little help from the community.
Here's what's on my mind as I kick off this journey:
Finding the Right Deal:...
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Hey BP,
So I just stated my first flip in Chandler Az! Super excited to hit the ground running. Contracts have been signed, closing is set to take place on the 20th of March. As an added bonus, the sellers sold the h...
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Hello investing friends! My very first "flip" went live on MLS today. What a great learning experience and it was definitely very different than what I've seen on HGTV. :) Nonetheless I LOVED the process.Before/after ...
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So my venture into real estate investing at this moment may seem on the surface to be a dismal failure, but to me it is an opportunity at this moment. Why you ask, I will explain.
Currently I own 3 homes. First hou...
550k for a duplex in south Kensington (92116). 2/2 with a studio in the back of the house. Total 1,248 sqf. Seems that the house can rent between $2,200 - $2,500Studio I am not sure...I'd probably do short term renta...