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I would like to know what is the best way to get an accurate estimate of the property rehab costs and ARV cost in the BRRRR strategy prior to buying the property.
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My wife and I recently purchased a three-flat in Berwyn and are house hacking for at least the next year. The property has a single furnace, so we cover gas and heat for all three units (which can get pricey in Chicag...
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Hey there BP Community! As we all know from listening to the BiggerPockets podcast, we should be analyzing 10 properties a day! For us just starting out (like me) we can easily miss something or plug in some numbers t...
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Here's my monthly update through June! This is for the Midwest Real Estate Data/connectMLS coverage area of northeastern Illinois. Read below
Supply – record lows- There were 30% fewer homes listed this June compare...
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Is timing really everything with real estate investment deals? Sales of single-family homes are up from last year and prices are reaching new highs. With inventory depleting month after month & unable to keep up w...
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Hi BP community, Ive been researching a-lot into the Columbus area, and plan on buying my first rental there once I graduate from college. I've been watching a-lot of podcasts, and each one has a different opinion on ...
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I closed on a property in Warren, MI on Oct 20 and I quickly found out through my property manager that the house is in a horrible area and won't fetch enough rent to cash flow. I was too giddy to get another property...
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Here is where I am going with this.- One book says you should say yes all the time, another says you should say no a lot.- Another book says set extraordinary, unrealistic goals, while another says you should be setti...
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Hi,I am new investor who owns both a duplex, and the current Single-Family home I live in myself. I put 3.5% down FHA on the duplex 1.5 years ago, and bought my primary 6 months ago with 5% down conventional. I live...
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Just thinking out loud here. I hear comments along the lines of, "jump in while interest rates are low/before they go up" all the time. I was wondering what the effect would be if they go up.
Always having be...