Investment Info:

Single-family residence private money loan investment.

Purchase price: $40,000

Cash invested: $15,000

Sale price: $159,000

We partnered with an experienced real estate investor (...

I was wondering if any oos/out of state investors hire a real estate expert/consultant in the area they are looking to investor or do they spend months trying to learn the market by themselves or do they work with a r...

Hi all!
My current full rehab duplex project is owned by an LLC which owns nothing else or has not generated income yet. My question is can I use the expenses incurred on the project as deductions even though there ...

I'm a newbie to real estate investing, however I have been a financial consultant, residential mortgage loan officer and a commercial loan consultant for many years. I'm looking forward to making new connections and l...

It burns me up to see Loan Mod "experts" charge $5000 to $8000 to do a loan mod and then somewhere in their contract a clause says "Remember, we are not responsible for anything you sign, please seek the assistance of...

Hi BP,I am looking at a property that has an empty oil tank. What does that mean? Am I obligated to do anything in the sense of removal? I know I need to disclose this information if I were to sell, anything else to b...

Hi BP! After redecorating and refinishing most of my Logan Square, Chicago condo over the last 2.5 years (and hitting the market at the PERFECT time)- we were able to sell for 140% of our original purchase price, and ...

I have been looking into registering my Doing Business As and I found numerous ways to do it only and various prices. Do you guys have any advise on how to do it best? Asset and personal separation from my business is...

Hi everyone, I recently purchased a rental property in a condo managed by an HOA, and I’m dealing with a challenging situation that I’d appreciate advice on. Shortly after closing, I discovered that the roof above m...

Yes, I used the search feature and read countless posts from previous people asking similar questions, but nothing that related to my situation.On Tuesday I will be closing on my 5th house. All are owned 100% free and...