We are closing on a property on Pigeon Forge, TN which will be used as a short term rental. The total use of property will be for <7 days on average, however we will not be providing substantial services to the gue...
Hey Everybody, after finding a potential fix and flip, I noticed mold and asbestos. That got me thinking about lead based paint. This is a house build in 1930 in Garden City, MI. What are the chances this house is cov...
We currently have 10 doors and are now in the process of buying two buildings with a total of 36 apartments. Our current systems will not work at this scale. We are going to self manage them, for at least a while. I a...
I’m looking to buy a multi family property in Chicago, more specific in East Garfield Park 60624. I’m asking for opinions in this area since the crime rate is High and vacancy rate is high as well. The numbers work an...
As an investor, I've decided to take the Illinois Real Estate Broker Exam so I can view properties on my own (among other reasons). I'm an attorney, so I don't have to take any courses or anything. I can just sit...
Is anyone familiar with the rule listed in the title and is anyone that has a full-time job in another industry using this rule? The first two CPAs I reached out to advised against this. Looking for someone who is suc...
I will be a passive investor who will finance the flip and my partner will do all the work and we will split profits according to our agreement.My preferable way would be to buy it in the name of the LLC I own 100%, m...
Hi,I just started selling off my rentals, and in doing so I have to employ a team of workers to fix up the houses, nothing crazy, but people are working on ladders and occasionally using saws. My question is what type...
I've read a few posts regarding the subject but can't really find a specific answer. I've found a vacant lot in North Florida (Atlantic side) that is ocean close (1/4 mile) in which eventually I would build on closer ...
I've been evaluating a couple of mobile home parks for sale near me, both with well and septic, both a couple miles outside of the nearest municipality. Financials look very good (cap rates ranging from 12 -16%) and ...