Chad Rupp
Underwater rental property. Keep it or short sell it?
I would love your advice. Should I keep this rental property or should I short sell it?I have a condo in Algonquin Illinois (3 bed, 2 bath, 1890 sq/ft) that I had bought for $265k in 2006. I have about 40k in equity i...
Chris Mason
Question for tax pros about S-corps.
Sally and Johnny are both the sole owners and employees of a pair of unrelated S corps in the same city. They don't know each other, but Sally and Johnny make and sell widgets. They both also W2 themselves $50k/yr, wh...
Adam T. Veitenheimer
Where have all the great deals gone?
Being a realtor I check the MLS often looking for that great deal for myself or one of my investor clients in the New Jersey markets. No matter what I change the search info. to I can not find multi. units for less th...
Clint S.
Success With First SFH Rental! But Please Don't Fish In My Hole!
Last summer I decided to take the plunge and buy my first single family home ("SFH") to rent, so my money could start working for me instead of me always working for my money. I had discovered Bigger Pockets ("BP") e...
Eric Sulek
Anyone do Land Investing
I've been through a lot of area's and it can't find anyone who does land investing or land flipping. Is it not worth the time or am I missing something?
James Gallagher
Where Do I Find Investors to Offer 6% Secured by 1st Mtg
Hi All,I just got some great advice by a fellow Bigger Pockets and RE leader. Why divest out of good cashflow property- owned outright when I can create a win-win with another investor? I got it! So now it is just a ...
Christine H.
First MF purchase has negative cash flow
Hi everyone!I'm pretty new to this community. I've been researching and studying the market in my area (Los Angeles) for a couple years now and have hesitated to make the plunge on any purchases. I finally made an off...
Jonathan Taylor Smith
Can the bank call a 30 year loan due at any time for any reason!?
I was speaking to another Real Estate Investor who lost money on several rental properties in the 2009 economic downturn. I was curious to learn from him how he lost properties (or was forced to sell for a loss) if th...
Akshay Bhaskaran
My BRRR Deal! ;)
Below is the thorough analysis of my recent BRRR deal. Let me know your thoughts:Buy:- It was an off-market property, and the asking price was $232,500- My hard-money lender said he'd finance 80% of the as-is property...
Karin Crompton
Well, this is awkward ... (HUD 1 will say I'm loaded when I'm not!)
Hey all,
We are scheduled to close tomorrow on the sale of a property we rehabbed (woo-hoo!). This is my first rehab, and we will make a decent profit (again, woo-hoo!) ... however, the profit is nothing close to wha...