I live in midwest ohio which is supposed to have some of the highest cap rates in the country and I am consistently seeing low B grade multifamily properties selling for 7 percent cap rates, is the competition really ...
I’ve been doing a bunch of reading and research and just wondering at what point are you financially ready to buy your first rental property? I have little consumer debt but not very much money in savings. Should I bu...
Good news everyone, the $500 de minimis safe harbor limit was increased to $2,500 for taxpayers who place property in service, that are NOT required to produce an audited financial statement(applicable finance stateme...
I have been in a good/bad dilema for some time based on my success as a real estate professional. Since we are growing and taking on new projects, my write offs have steadly increased or at least kept pace with my i...
I have been doing some research on BRRRR (Buy, Rehab, Rent, ReFi, Repeat) and looking to speak with any experienced investors who use the BRRRR method in Chicago. I am mostly focused on the north side of the city...
I'm looking into buying my first rental property, it will be a single family home. I talked with a local bank and their only option is a 15/30 balloon mortgage. It’s a 30 year amortization, but has a balloon payment a...
Going to throw out an example purchase for my questions, bear with me :) Ok, so I want to buy a duplex and rent it out. I'm going to just throw a number out, lets say total price is 180k. So question number one. I wou...
When taking over a long term tenant occupied property and the tenant has a pet would it be in my best interest to immediately request a pet deposit and increase rent due to pet, or don’t say anything about it and allo...
Hi everyone!
I recently attended Note Expo 2022 this past weekend. I really learned a lot (this was my expectation). I'm wanting to expand my understanding on note investing a bit more. Can anyone recommend a trai...
Hello BP Fam,I have seen the name advertised on BP podcasts time and time again, though am uncertain as to what it really is. Does it have to do with REITs?