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I was wondering what was everyone thoughts about rental properties in dilapidated areas was. Is it worth having all the numbers work out, i.e. 2% rule and house bought @ 70% of value etc., vs. the appreciation of the...
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Hey everyoneNew investor hereCan you guys classified what’s considered A, B, C, D locations in northwest & west Chicago suburbs,I’ve been looking like crazy to find an apartment buildings to purchase but getting o...
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I'm planning to buy a fourplex for the long term (30+ years) and after researching a lot of places, found Chicago to be a potential candidate. I wanted to know from people who know the city how it's doing.
Chicago ...
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I'm starting to feel like my husband and I are really late to the party. We have lived in West Seattle for ten years and have accumulated enough savings to buy our first investment property. We have enough of a down p...
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Hi everyone, I am here to ask your advice on a very specific situation. I am currently a college student that has completed 2 years of general studies, and will be entering a major next semester my current plan is to ...
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First off, I know I should contact my CPA, but I'm trying educate myself on this matter so I can ask the right questions.
I will try to keep it simple.
"My share" of the deal is as follows:
I have a $1,000,000 Option...
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I’m new to real estate investing and planning to buy and hold a rental property in the next few months. My husband and I are comparing possibilities where we live (Nashville, TN) to where we grew up in Indiana. The ma...
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Hi all, I ran some numbers on a $350,000 4 BDR / 2BR house in the center of Charles Village. The numbers did not look to add up to be a profitable rental -- with $2,200 monthly payment-- $1419 P&I (I estimated thi...
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Here is a topic that would not come up that often, as it is something that is rare that happens. What do you see to prices in and around pro sports arenas as teams move into or out of a market. We see with multiple N...
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I'm debating purchasing a duplex in Chandler, Arizona. I would be getting it from a wholesaler at $290k (ARV might be $330k) and it is made up of a 2/1, 625 sqft and a 1/1, 525 sq ft. It would be a value-add, I'd prob...