Eddie Davalos
Cleveland House Hack
Hello BP!After reading the House Hacking Strategy, I’m looking to make the plunge into my first house hack.I’ve been searching Lakewood, Ohio City, Shaker, and Cleveland Heights since March 2022 and have come up short...
Dale G.
Probate Letter
I'm learning about probate and currently working on my letter. I've heard different recommendations on what or what not to include.
Some people recommend including you business letterhead and so that follows ...
Tar-U-Way Bright
How could I use my LLC
Hello Everyone,
I'm preparing to purchase my first investment property in the new year, which I plan to house hack. I already have an LLC that I originally set up as a business entity to facilitate managing, overseei...
Will Mejia
Just sold a Rental Property. IRS is going to kill my gains help!!!
I had 2 rental properties in Chicago (I dont live in neither). One of them became a nightmare so I sold it a few months ago. I sold it for way higher than I bought it. I have all this cash in hand and I feel IRS is go...
Vicente Hernandez
General questions on referral programs
Hey Guys, I work for a property management company here in Chicago and we are expanding our agent referral program. I wanted to get some insight of what many of you brokers/agents have seen in your markets. Would love...
Jaron Walling
The UAW wants to wreck the economy
Is the auto industry big enough to create ripples in RE markets? If so, why? The UAW just escalated the "stand up" strike to 38 new locations. This includes everyone already striking. This affects thousand of UAW memb...
Nathan Gesner
Research Question - Red Flags when interviewing Property Managers?
What are some red flags to watch for when interviewing Property Managers?
Kevin DiMaggio
Pay off first home with house hacking or invest in another?
Hi there! Looking for some advice, so I'll try to provide as much info as possible. My fiancée and I purchased our first home in 2017, and accidentally stumbled into about $125,000 of equity with it. It was a foreclos...
Andrea E.
Corporate Rental? Getting STR run-around and no long-term options
Hello all,So I bought a duplex uptown (good side of Leonidas area, to be exact) in June 2018. I renovated it and listed one side for long-term rental, but missed the wave of Tulane/Loyola students (I live on the other...
Account Closed
Transferring property from an single-member LLC to yourself
I would like to transfer my Lakehouse out of the LLC to myself. I have around $65,000 invested in the property. I have a $75,000 line of credit against it. During getting The line of credit on the house in appra...