I’ve partnered with an owner of quite a few properties in Bloomington and Decatur. Together him and I own a 32 unit just outside Decatur, and it’s doing well. I have a few more units in Urbana that do ok, but not kill...
Hello, would you buy a house that the son killed his mom and burnt the house down to flip?
Here are the numbers:
Purchase Price - $50k
Rehab Cost - $60-65k
ARV - $220-250k
There is a lot of room here, but I have ne...
I was burnt out. For nearly fifteen years I had worked as a commercial photographer trying to balance art and commerce. I felt like I had failed. The commerce me had killed the creative me. The problem was that fi...
I have a duplex (I live in half) with completely separate utilities and fuel oil furnaces. I'm tying to figure out the best system for my tenant to pay for his fuel usage. The way I see it I have two options:1) Work w...
I finally took the plunge and purchased a buy and hold rental property in Oct 2017. Rehab went a little over budget. Rehab took a little longer than expected. Took a little longer to find a tenant because I believe I ...
Hi all,I have a few long-term rentals and am exploring a STR for the first time, and am seeking guidance / advice on my expected expenses (and ideally what i'm missing that i should factor into my calculations). Part ...
Warren Buffett when asked about his time horizon for investments. He answered with "Our favorite stock holding period is forever.” That got me wondering about real estate as I know folks in the boomer generation that ...
NAR capitulated and settled. Billions of dollars gone! Membership money? On top of that, NAR have not said or sent any instructions to his members on how to safely proceed with a real estate commission beginning July ...
What’s up BP!Recently, I came across a wholesale strategy called Astro Flipping, which seems to be a way to get multiple deals out of one property. This seems to be the new craze. Have you done these kinds of deals be...