Chad Rupp
Keep my underwater property or dump it?
I would love your advice. Should I keep this property or dump it?I have a condo in Algonquin Illinois (3 bed, 2 bath, 1890 sq/ft) that I had bought for $265k in 2006. The current comps for this property are around 185...
Dave Pricken
Price Reduced on 17 Units!
Hey guys, I took all the information that you shared, (Positive Cash Flow, Won't Sell?), it was greatly appreciated, and was authorized by the seller to reduce the price of this package to $350,000 and whatever I get ...
Account Closed
Can you get a break on insurance if you own a portfolio of sfh homes?
say I wanted to buy 10 single family homes...100k each...are there any programs that offer a break on property or liability insurance? So I don't have to pay the full cost of a property insurance policy on each house...
Ben Skove
Different house "price packages"
In a previous thread there was a discussion (http://www.biggerpockets.com/forums/52/topics/85368-what-potential-breakables-do-you-remove-from-a-property-prior-to-renting-it) about what to take out of a rental to reduc...
Kellie Roe
Rental Property Package
My husband and I own 16 rental units, 15 of them are are one block in the Pine Hills neighborhood in Albany NY. 13 of them are in a LLC, the other three are on one mortgage.We are about to refinance the two loans (13 ...
David Yee
If you had $300k how would you use it to generate maximum cashflow
Hello! I am considering selling ~$300k in stock that I've accumulated over the past 10 years. How would you suggest I use this money to generate the maximum amount of monthly cashflow? I was considering purchasing a s...
Joe Marden
Valuing Property to Sell
I own a single-family home that sits on approximately 4 acres. I am buying 8 acres located behind my property that will give me a 12-acre parcel in total. In the zoning district that I am located, the residential dens...
Green Doggie
Why Short Sales Take So Long?
Newbie question. I read a lot of people complaining that short sales take too long. Would attempting to short sale on properties that are about to foreclosure motivate lenders to move faster? I read that lenders rathe...
Thomas Veal
Series LLC in Florida
Good Afternoon, After moving along at a snails pace, I am finally going to start buying some properties. My initial plan is flipping, with rentals also part of the equation at some point. My question is setting up a...
Mineto Anfield
Calculating Cashflow
I have the opportunity to purchase 3 Condos as a package deal. It consists of 1 unit that is a 2Bdr/2Bth and 2 Units that are 1Bdr/1Bth. What is the most effective way to calculate the cashflow when purchased all tog...