Hi! First time posting on here. I am getting ready to close on my first property - it's a duplex located in the Pilsen neighborhood of Chicago, and I will be renting out the first floor unit and occupying the second f...
If you have a home office you use for your rental company and you go driving for dollars, can you claim the standard mileage deduction?
One of the oddest things about the beautiful human mind is that it can trick us out of getting what we need. And we can come up with an endless number of reasons why we haven't addressed a need but, the troublesome ...
Investment Info:
Single-family residence buy & hold investment in Fayetteville.
Purchase price: $110,000
Cash invested: $22,000
3 bed 2 bath home with about 1,000 sq ft of livable space and a one...
Hey Guys! We’re looking at a 4 unit mobile home park. The numbers look great in terms of cash flow, however,I’m hesitant since the mobile Homes are park owned. I know that one of the bigges advantages to owning MHPs i...
I originally purchased my duplex for about 320K The current market will Appraise it for at least 600k-700K. Should I refinance? Should I take the maximum out? buy another property in another state? I wanted to hopefu...
Today was our scheduled semi-annual inspections of all of our rental properties. During the winter months we hire a local heating contractor that we do our business with to inspect the furnace. Every year. And, ...
We're looking to a variety of multi-rate projects/developments (anywhere between 30-250 units) in the next coming months and years. One thing I've been trying to locate is great places to prospect accredited investors...
I know I've heard a million times on BP podcasts about the site that will help you figure out going rent in a given area, but I've unfortunately never written it down. Can anyone tell me the name of that site? I appr...
Landlords- Would you consider it a valuable service to receive a periodic report, summarizing the condition of your rental property, along with pictures, right to your inbox? This could be a simple drive-by exterior i...