I've heard the phrase "live where you like, invest where it makes sense" (or something like that). What's your opinion on investing in multiple states or investing far away from your home? Pros, cons, why it does/does...
Hi,I am Jesse and I am brand new to investing in real estate. From all the info I have gathered thus far, it seems as though a multi-family property is the best seed for what I am looking to do. What I have found thou...
My fiancee and I are in the process of purchasing a 2-flat with a coach house in the back of the lot on the north side of Chicago. Our lender requested a zoning certificate for the appraisal and discovered there are o...
So my lender did a pre approval on me about 4 times and I confirmed with them several times that I would be able to get a loan on a non-owner occupied duplex. Fast forward to 2 weeks before closing (yesterday), my len...
Is there anyone out there that has bought land to hold and thought of creative strategies to turn that land into cash flow? I have heard people making a killing with airstreams/rvs on land and airbnb, renting the land...
Hi everybody-I knew this would happen eventually, but this is our first instance of a guest leaving our place a mess. The rate is over $900/night and so we were crossing our fingers that perhaps it wouldn't happen so ...
I have been communicating with a "private Lender" who is willing to lend me funds for a particular project. Having never met him, I'm looking for advise as to how to check him out for legitimacy. He sent me a copy o...
Earlier this year, I purchased 5 duplexes in Milwaukee metro in a package deal. The buildings were inexpensive $96K for the package and all together they needed less than $20,000 in repairs. I took a $100K HELOC to ...
Hello everyone. I am so thankful to have found this resourse and community. I have spent my life under the rule of the "Poor Dad" mentality, always bearing witness to the financial struggles of my family and watching ...
Hey BP, gearing up for our first purchase, yay! It’s a duplex with 2 tenants currently renting with leases up in April. Any thoughts on best ways to handle inherited tenants? Things not to do? The current landlord tol...