The property is a 3/2 main house with two 1/1 apartments out back. The apartments rent for 500 each per month and the house for 1500-1600 per month. Purchase price is 200,000. Comps 300-350,000. Main house needs roof ...

I'm preparing new leases for my tenants in the City of Chicago. The current leases expires April 30. Is there any risk posed by starting the new leases June 1 vs. May 1? I have two units, and I'm raising the rent on b...

I am currently rehabbing a 3 family home in West Philadelphia.  It isn't in the best location, but I am hoping it will generate a nice cash flow for me.  There is a neighbor there who is excellent!  I hired him to cle...

Looking to invest in the South side of Chicago. Interested in multi family homes. Would love some advice on where to start.

Dear BP Members,
A 4-plex deal came across and I would like some suggestions if this is fair deal given the crazy market in Austin.
Specifics below -
4-plex each unit 2 bed 2 bath. Built in 1990sArea - North Austin...

Questions:  (1) May the owner of a single member LLC loan money to the company and charge the company interest for the loan?  (2)  If so, is the interest paid by the company a deductible expense to the company reporte...

I'm fairly new to this forum. I'm trying to get a better handle on my finances and am especially curious to see where all my money is going. I've got a few questions for this group:(1) Where do you believe you could u...

Hi All! Just purchased my second investment long-term Hold Property.  Because it ended up that I couldnt use an FHA due the proximity of a gas station to the house, my parents decided to own the house with me, contrib...

We may buy a home near by which is in need of renovation. Ideally we would hope for a tenant who would be open to renovations while living in the home and that way the expenses are tax deductible. While not all the re...

Hello,

I am looking for rough guidelines on commercial retail spaces to help a friend evaluate a property.

Property currently has 3 tenants bringing in @ $50K a year in rent. There is a 4th un...