I'm in the middle of an deal for a legal two-flat in Chicago with FHA financing, but the numbers only work if I convert the basement into a livable space. FHA loan + expenses is $3000, Rental income with 2 units is $3...

I've been listening to Set for Life, by @Scott Trench.  Great book!  One of the things discussed in the book is how a 401k locks up part of your income, and that if you aspire to reach early financial freedom then a 4...

Hi BP! My 2013 Jeep Compass has a dying transmission; I bought it used in 2015. I've seen multiple mechanics/transmission specialists; it's got a CVT transmission which are seeing tons of issues around the 6-year mark...

Hello, and thank you all for your time reading my post and weighing in with your opinions. That being said I'll try and be brief. My goal is to purchase a Duplex in CO., IL., and or WI as early as March of 2023. Livin...

Hi BP My name is Gerald I’m a new investor can anyone tell me what are some good “standards” for insurance coverage for a small Multifamily fourplex. I was just trying to get a quote and was not sure what coverages we...

...had to run to Pick&Save, and there's a bee randy new 3/4 ton, crew cab pickup, 4x4, lift kit, with the most expensive Western combination snowplow you can buy mounted on the front...with disabled plates on it i...

Hello all,I am trying to find out what type of insurance or documents needed just in case something went wrong building homes as an investment project.   Just a little background, my brother and I purchased three lots...

Hi All,My partner and I have started our businesses flipping homes. We have our main LLC (call it LLC-1) and then each property we purchase and flip gets their own LLC (for risk reasons). We have a general loan for al...

Can a pre-taxed self-employed income (pass-through entity) be used to purchase a rental property? 

Hi! 
I was recently laid off from my tech sales job in SF. It's been my goal for the last year to buy a small real estate investment property in Florida (where my family lives) but I've been too busy to look properly...