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Hello, I am looking for any good recomendations on a RE attorney to review my lease and make any tweaks that need to be done. I am going to be in the north west suburbs of chicago like, Elgin, Saint Charles, Aurora an...
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I have an application in hand at a rate that is probably top of the market, for now at least. They want a 3 year lease though. What are yalls thoughts on that?
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After doing this for 20 years, I have found that the 1031 rule is a potent tool for real estate investment professionals for several reasons.
First, deferring taxes means you can keep growing and diversifying your po...
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Hello, first time poster here with a question.I have been a flipper the past few years but with the market now I am going to try my hand at renting.
After looking at the rental applications here and other places it ...
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I will be buying my 1st 2 MF with a VA NO MONEY DOWN LOAN as a 100% Disabled Veteran ... ( will have 6 months reserve in bank for mortgage pymts, and $15k for unexpected major repairs )
What should be reasonable go...
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It's an approved short sale for 58K, vacant (formerly tenants there), so possibly short sale process might move faster. I don't know if I can realistically offer lower than 58K--I need to talk more to my realtor. It s...
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Hello, BP! I started following BP and listening to the podcast a few years ago and have really been a lurker this whole time. I just finally took the REI leap when we purchased our first rental property from a famil...
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What are the PROS and CONS of doing a rental lease for one year plus month-to-month after the expiration main term vs a 6 month lease plus month-to-month?This is what I think and my experience, but looking for opinion...
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NEED HELP! I charge 20.00 APPLICATION FEE ( non refund ) and then pay a third party to HELP me choose the BEST possible tenant for the UNIT. Credit usually isn’t a big factor However, I always have to reject around 15...
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I’m trying to decide if I should claim depreciation on my rental property. The main reason I’m hesitant is that I’m currently a student in a low tax bracket and plan to be in a higher tax bracket out of college and so...