Folks - I am a beginner real estate investor in NJ and one of my subject properties is a foreclosure. I used Frank Gallinelli's book What Every Real Estate Investor Needs to know about Cash flow on one of my subject p...
I searched for a few forums similar and not much out there or recent. Does anyone have a story around investing in a “dying city” meaning steady population decrease, steady jobs decrease, and generally not a lot going...
Is it worth it to refinance a rental property to get a lower interest rate (3% down from 3.5%) and lower the years of payment (20 down from 25) despite the having to pay closing cost and possibly decreasing cashflow d...
So, the question is should I refi or just take out a loan to get the money to start our next rehab property. Basically, I owe $27k with 5.9% on my current mortgage. I have gotten a quote for a refi with an interest ra...
Any input if I should invest in California real estate now for either rental and flips, or hold off for the bubble to pop and start investing in the next upswing? California does not offer attractive ROI on rental pro...
Everyone says real estate is a tax haven, but I'm wondering exactly what people mean when they say that. In my analysis I see real estate income taxed at a lower rate than my W2 income, but not decreasing my overall t...
I have done some searching on solo 401k eligibility, I have a couple main questions. For context, i own several small multifamily units that i self manage without employees and am interested in tapping into the tax in...
As the title says, does an attorney need to be licensed in the same state as in the state where I am buying a property?For example, I am buying a property in New York state, and I must hire an attorney who practices i...
Hey BP Chicago Fam, I recently read this article on redfin and wanted to get feedback from those more experienced than myself. The article basically states that asking rental prices have seen a decrease and areas such...
http://joe-delia.blogspot.com/2013/03/southeast-michigan-market-report.html
Some recent statistics for the SE MI market that I'd thought I'd share. If interested, I'll try to maintain this.
Enjoy!