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I know the advice is to start off wholesaling when you don't have a lot of capital to start investing with or so-so credit. Has anyone tried wholesaling, and NOT like it? I have a property under contract. My first who...
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I am wondering if anyone else is seeing that some rents for condos are really high and some are really low for comparable units in the same complex and that these differences are driven by the concept that the rent...
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Do you tell your buyers your assignment fee before closing? I have friends who have been asked by potential buyers what their assignment fee will be even before they sign any contract. I really do not feel you shoul...
I have a condo in Chicago, south loop, that I rent for $2900. The condo is a luxury unit, with floor to ceiling windows, and unobstructed views to lake. My tenant moved out mid July, but the agent began showing it l...
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Hello BiggerPockets community! At the end of this post, you will find a heat map of Chicago Cap Rates by neighborhood. Map areas with a darker shade of blue have higher cap rates.
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There a local Denver investor/wholesaler, not myself, using this strategy to get properties under contract. My wife, real estate agent, noticed that a property she had listed was getting low offers. She’s usually spot...
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I have a loss on a single rental property of about $3,500. Because my MAGI is $150k the loss is phased and I am not able to reduce my income by the loss. If that's the case should I not include all of the expenses t...
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Hey BP,Just ran across this article and wanted to get the community to chime in on what you all thought about a product like this and how it might be utilized.Is there really a need for it? Do you think it is useful? ...
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Hi everyone,After months of lurking, searching through the forum for information on things I've been learning, reading books, and listening to the Bigger Pockets podcast, I've finally taken the leap into real estate!I...