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I am updating the contracts we use with contractors to stipulate some kind of financial compensation when work is not completed on time. Does anyone use this kind of safeguard in their contracts and could you share wh...
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Hello all,Beginning to start my real estate journey in the Chicagoland area. As a current furloughed federal employee I’m even more motivated to get this ball rolling. I understand through the right strategies, deal a...
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My fiance and I recently bought a duplex in Illinois that is on a spetic sytem. We called the city to have the water turned on. When they came to turn it on, they were unable to turn the valve. I was surprised were th...
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I’m in the middle of my second flip, first rehab done and under contract now. Im always looking for good funding sources so today I got a call at work from a lender I checked into a long time ago about getting a loan,...
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Hello everyone
I am completely new to this community and investing real estate. My situation is that I have about $200,000 self directed IRA that I want to invest in rental properties. What is the best way to do this...
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On BP, the podcast and many "starting out" discussion I've read or been told that when you start owning rentals for your first few properties it's okay to have a large umbrella policy for asset protection. However, o...
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My apologies, I just learned about Self directed or solo 401K to purchase real estate. Does anyone have experience with these types of 401K’s? Pros/Cons? I appreciate the input.
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Hello everyone. I've followed discussions and articles on Bigger Pockets for several weeks since stumbling across the site and finally decided it's time to speak up. I'm originally from Hays and currently live in Wi...
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Good Morning Fellow Investors,So, I’ve been hearing this in various places and on various mediums of real estate investing that wholesalers should get their real estate license to appear more legitimate. However, isn’...
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My book report on Think and Grow Rich is that generally this was a good book. Not great. There was some quacky stuff and the writing style will make it difficult for some. I think the fundamental principles in this...