Hello BP Meembers,
I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...
I just completed my FIRST FLIP! The rehab took approximately 3 ½ weeks. The home is a 2bd, 1ba townhouse that is slightly over 1000sq ft located in Illinois.Numbers:Purchase Price with closing cost: $55,290.25Rehab Co...
We bought a recently remodeled home (our first investment property) and are about to start getting it ready to rent. We haven't yet handed over the keys to the PM and my mentor is encouraging me to self-manage. The pr...
I understand many have flipped 5+ houses or have tremendous experience with the renovation process. However, as a contractor I'm curious what was the biggest "miss" or unknown finding you've experienced in a flip? Fou...
Just wanted to see what people do. I've owned RE for about 3-4 years and I haven't told a single coworker about it. I'm a private person in general. Still though sometimes I consider it. I think it's interesting conve...
I am 22 and just purchased my first rental property, a $390k Duplex right out of Philadelphia in Montgomery County. It will also be my primary residence for the next year or more. The seller purchased the property as...
I'm living in NYC but I'm highly interested in investing in rental properties that would provide the best cash-flow out of market. I've been reading a lot about Raleigh, Columbus, and Milwaukee. I'm wondering if I'm b...
I receive lots of questions regarding Detroit. Here is a link to the current events in Detroit.http://insider.foxnews.com/2015/04/03/gutfeld-concealed-carry-permits-only-piece-brings-peaceNancy Neville
My husband and I are jumping right in and we have joined BiggerPockets. We are beginning to look for some multifamily properties. I’m just curious, what’s the one thing you wish you did first before you began investing?
I got an interesting question from a 25 Year Old the other day and I thought I would post the topic here to see what others thought of my advice and what I got right /wrong.My first thought after hearing the question ...