Tyler D.
Illinois Veteran property tax exemptions for multifamily?
I am a disabled veteran eligible for the full property tax exemption in Illinois, which allows me to pay no property tax on a property of up to $750k.
I'd like to use this to house hack a fourplex, but I'm unsure if...
Ibrahim Hughes
Negotiating Multiple Judgments Against Multiple Properties!
I have 3 properties owned by an Estate and under contract. They’re in bad shape so they would all have to be sold ‘As-Is’ to an Investor for cash. I would put their values at about $255k ($40k for the single fam...
Anthony Wick
Have you been sued by a tenant or applicant???
Every now and again, there are heated discussions on BP about what is "discrimination". Many get nervous and state; "call your Attorney!". Many do not apply the legal definition of discrimination to their reasoning. A...
Tyler D.
How much, if any less should I be paying for multi vs SFH?
I only own SFH so far, and am considering getting into multi (preferably quads).I know how to spot a SFH deal pretty well, but I'm unsure when it comes to multi. My gut instinct tells me that a multi structure in a si...
Cesar M.
Trying to understand debt influence on loans
Hi everyone. This might be a real newbie question but I haven't seen it discussed on any podcasts or anything I've read. Does the debt you take on from your first deal affect if you'll be able to get approved for a ...
Pirom Ting
Bringing contractors to estimate repairs
I was told that bringing a contractor with you when visiting a home is the best way to estimate the repair costs on rehabs. Someone else told me that it's not usually effective and a waste of time and potentially a wa...
Mike Bryant
Multi-Family Investing Returns
Anyone have a few years experience with investing in any of the larger Multi-family funds (e.g. Cardone Capital, crowdfunding, etc)? What kind of Total Returns have you experienced?
Roman McIntosh
LLC classified as Partnership by IRS
When I apply for an EIN for my mulit-member LLC the IRS classifies it as a partnership by default. It says their are addition forms you can fill out if you don't want it to be classified that way. My wife and I are...
Kirk Spillner
Am I missing any of the basics?
After self educating myself on blogs, podcasts and threads I think I have come up with a basic list to analyze property for myself. If someone could just look it over and tell me if I'm missing something that could li...
Brock Correa
Denying rental application
Just looking for some guidance here. I currently have a property for rent and have a few people who put in applications. How would I go about denying someone's rental application. Thank you for your help!