James Gefke
Rehab in Flood Plain
Hello everyone,
Just finished up my first rehab project and found out that the house is located in a 100-year flood plain after a showing to a prospective buyer.
The good news is that the municipality has already...
Brandt Miller
Seller Financing/Deal Structure/BRRRR
Hi guys, I am looking to get some opinions on how I should structure a deal. I have found an off market 8 unit property that is currently in dire need of repair. The owner owns an abundance of real estate but is getti...
Stephen Barton
If I had to start all over what would I do as a beginner?
Let me qualify myself by saying I worked more than 200 transactions in the last few years. Most of those were wholesale deals and some were me working as a real estate agent for other investors. I have owned a couple ...
Diego StPhillip
Can I take items from rental property that I own?
I own a rental property. Over time, I have purchased various items for the rental property and taken tax deductions when I did so. For example, I purchased a lawn mower for the rental that tenants cut with. I have pur...
Vincent Plant
How to get to the next level??
I made a goal in 2018 to get to $10,000/m in passive income and my wife and I would quit our jobs and live off the income. Over the last 2 years I’ve purchased 4 single family rentals using a 20% down conventional 30 ...
Katie Trankina
New Real Estate Investor in Chicago
Hello,
My name is Katie and I'm just getting started buying and selling property at a discount. I work with a group based in Downers Grove that provides fantastic, practical ways to succeed - including having your exi...
Chris Hodges
Investing in Indianapolis IN
I just wanted to get feed back on investing in Indianapolis IN, I just recently got back from doing a investment boot camp down there where this investor buys a lot of bank foreclosures and sells them off to folks wan...
James H.
Mortgage interest rate changes
Well, its taken about 4 to 5 years for interest rates to drop about 3 percent, so roughly .75 percent per year. How fast do you thinnk they will rise? How fast can they rise? I am not well versed on what happened in t...
Brandon Russell
50% Rule - Confused on its application.
Working on the analysis for my first property and as I'm looking for BRRRR deals I'm finding trouble find anything that meets the 50% rule. I know interest rates have made it more difficult right now but I'm curious a...
Kwame Searcy
Turnkey Properties
Hello everyone,Are turnkey properties just homes that don't require any work to be done to them? What are the cons of buying a home that doesn't need work as a rental?Also, I've seen a lot of properties for sale with ...