Hi there. My dad is in jail. He will soon go to prison for the rest of his natural life since he is already old. I am his general durable POA. I am also his vanguard POA/full agent. He has a traditional IRA. I would l...
What is the best interest rate you can expect to get right now for a single family primary residence conventional loan?
Hey folks, I need your help. Based on my calculator, I think this could be a great deal for a BRRRR. But I can't seem to make the numbers pencil with the BP calculator. It would still be a great flip, but the BRRRR nu...
I have been reading up a lot about apartment investing via a value play. I was just wondering if the current up-swing market supports value play investing or is it better right after a price correction period? Specifi...
I have an opportunity to buy a multi unit on the south side of Chicago in either Woodlawn or South Shore. If you had to choose base on location, which area would you look at first? Of course cost, they both are arou...
I found the arguments in this video quite educational:
Milton Friedman On Why 100% Inheritance Tax Is a Bad Idea
Vikram and I had this debate a while back and he made many of these same points. I consider myself a ...
Question for experienced investors only.Let's say your general contractor quotes you at $12k per unit to update interiors (paint, install vinyl floors, formica countertop, refinish cabinets, and new appliances). Also,...
Article on Market-Watch:
https://www-marketwatch-com.cdn.ampproject.org/c/www.marketwatch.com/amp/story/guid/E5127276-1A17-11E7-8755-9AB7B5C1C318
Spoiler alert:
- According to the mortgage bankers association, the a...
Hi All, I just toured a triplex this morning with $1,602 in total rents, the asking price is 135k but my realtor said if I can't get it for 100k with little or no money down, I should pass. 2 of the 3 units have not b...
In the grand scheme of things, I know 29 is young. However, financially, I feel like I'm way behind. The thought of turning 30 next year has me really focused on what's next for me and my future family. I've been list...