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Good afternoon, I have done 50+ wholesale deals since starting out and have been very fortunate to have guidance from sites like this among other places. Most of my deals I have contracted directly off MLS or from oth...
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When you are starting out your real estate investment business make sure you have the proper team in place to guide you through the process. One of the biggest issues I see, as a licensed insurance professional that f...
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I have to be honest; I haven’t really read many forum posts about no/low money down / creative financing/ OPM. We just bought our first multi-family property with a conventional mortgage, 20% down. So right now our ...
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Hello, everyone. I just added my 4th multifamily property and was informed by Geico that they would only allow me to carry four homes on my umbrella policy. Was wondering if anyone had this problem and had to resort t...
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I just created an LLC for my rental property, so this is all new to me. Is there any reason to pay a salary to my spouse? If I pay her, to make this simple let's say $2k a month, she'll pay taxes on that which means...
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I am considering making an offer on a 3 flat in Chicago and plan to finish the basement.Before I just jump in head first, I wanted to get some opinions from people with more experience than me.
What is the usual proc...
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Hey ya'll,For those of you putting together or that are a part of a syndication, where would be the best resource to find a quality syndication to invest in?
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We are closing soon on a multi use building, we plan to live in the apartment but it needs a complete rehab. Not even sure where to start? I understand we will need a GC since it’s almost a full gut rehab but do they ...
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Hello BP Fam!I recently found a property with about 43k in back taxes. Let’s say i rehab this property without paying the taxes first, will the taxes get payed off on the backend after refinancing it? Will I be able ...
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Hey, guys!So I am having a bit of an issue with appliances. @Sam Grooms and I closed on a 98-unit a couple of weeks back (there's a 10-page thread about it here). We are looking at a $1.4M rehab, and so far the biddi...