HB2775 (Rep. Ford, D – 8th, Chicago/ Sen. Villivalam D – 8th, Chicago) is a MANDATE on property owners and is being considered by the SENATE as soon as this week. The bill essentially MANDATES all rental housing provi...
I left my job last year after realizing a large gain in crypto in order to figure out a better way to spend my time. I decided I'd like to focus on real estate investing in order to preserve wealth and build cash flow...
Hi Everyone,
I have a question regarding structuring a partnership with another investor if both partners are not bringing equal capital into the investment? Should the profit be split based on the percentage each pe...
I read through this post (and several others) and am trying to grapple with the idea of UDFI:https://www.biggerpockets.com/...Scrolling down a bit, Chris Wooten states the following in the comment section: I’m not a C...
I invested in several trust deeds back in the 2005 -2006 time frame. Unfortunately, several of the trust deeds were ultimately foreclosed on. However, there is one trust deed loan that hasn't performed in years, but t...
Howdie BP! Nathan here, from Columbus, OH. I have been following the site and REI for about 6 months or so and getting ready to "trust fall" off the deep end of the real estate pool and "fail forward!" I was excited t...
Investment property details:
Each unit: $190k (Duplex)
Property tax: 2.42%
Rental: $1550 ( Current tenant will extend lease for new buyer)
HOA: $290Home Insurance : $600 per year.Built:1958 (Interior renovated la...
I tried searching BP and google for a direct answer but could not find an answer about unsecured lines of credit. I plan on buying on 26k property using my Private Line of Credit (PLOC) from my bank and it will appra...
Hello everyone! My name is Chris Pastrana and I realized while I was looking around the bigger pockets today that I have been a member since February of last year and haven't actually posted a single thing. I...
New to Bigger Pockets Forums, but started listening to the Podcasts recently; started with #1 and have just over a dozen under my belt so far. I spend Lots of time on LoopNet and thinking about the Rich Dad Poor Dad p...