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High level decision making question: how do you decide when to sell/1031 vs hold?I have a Vegas 4 plex that has appreciated and cash flows well. Purchase price ~$425k, owe ~$320k, PITI ~$1600, rent ~$995 per unit. Sim...
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I noticed inside my windows that there's a pretty significant amount of ice (see pic below). Granted, this was taken last week when Chicago was insanely cold, but I also had a tenant complain about the same thing a c...
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Would appreciate thoughts on our latest Brrrr property. We're putting in a brand new kitchen and I'm on the fence about replacing the range and fridge since they're in good shape...only issue I have is they're white....
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I am going to be building 3-5 spec homes to sell. Do you recommend getting an LLC for each one? If yes, do I need to setup up separate bank accounts for each one and make sure I am using the correct checking account...
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I purchased pre 1900 home behind my current residence 2 years ago. Our lots are small and I wanted that property for the yar so my children had more room to play. The plan was to redo the home and rent it out. After d...
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In recent years, the multifamily real estate sector has experienced unexpected turbulence, catching many investors off guard. Factors such as rising interest rates and an influx of new apartment units have contributed...
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Can anyone recommend an insurance company that does umbrella insurance for 4 or more properties?
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How do I determine how much my deductible should be? Right now, I selected a $1,000 deductible and was wondering if I should increase this amount.
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Hi all,As a new real estate investor I have been diving deep into the data sources that many pros recommend for choosing target markets. One important class of indicators is local economics - job growth/destruction, w...
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Does anyone know the high level implications of undoing a 1031 exchange? Obviously the tax implication one is a big one. If the property is sold at a loss, can you unwind a 1031 to off set the gain on the sale of in...