Brandon Seyferth
Is This a Good Analysis? Advice Appreciated.
Hello there. I'm a newbie investor, hoping the great community here can provide a bit of feedback on my analysis of a two flat in Chicago 60659 (see image). The units are already rented. I plan to leverage a heloc on ...
Aqil Dharamsey
Lessons learnt in 2017 - Wins & Losses
As I close out 2017 i want to to share another successful year investing BUT even after doing this for 14 years I made mistakes and learnt some hard lessons.
1) bought and rehabbed 6 houses.
2) pushed my total ren...
Leon Chappell
Am I selling myself short?
I want to present my financial information and in the end get some advice. I don't want to make another mistake like I did on my first duplex. I make about $66,000 gross a year. Including rental income from one side o...
Dan Nikolich
Best Advice You Have Gotten From Mentors
When you started in the rehab business, what were some of the best lessons that you learned from your mentors?
Cody Clark
starting off in commercial real estate PLEASE HELP
Hello, I am 21 years old and out of san antonio, TX. Im finding it real hard to jump into commercial real estate, what do you think the best way to jump into commercial real estate for someone who is still in college ...
MJ Sauer
Sale of Land in an S Corp
I am selling a lot that I bought about $7,000 in 2013. The sales price is $110,000. The lot is owned within one of my businesses which is an LLC with an S-Corp tax election. I think this might have been a mistake t...
Miguel Nava
Is it "common" to get taxes reduced?
I am looking to buy my second duplex in Cleveland. Taxes in the "Heights" cities are high. Is it too rare to have taxes reduced? What I mean is that some properties that are listed around $100,000 have taxes as high a...
Patrick Pan
Jury demand abusive in Chicago eviction cases
Hi,Most Chicago landlords probably heard of the jury demand tactic that tenants use to delay the eviction cases. I had one many years ago and luckily the rent was paid by the third party in the end. The case was dismi...
Richard F.
70% ARV Assumption --> Not with Transfer/Recordation Tax (MD)!?
Hello All,My computer processor has been completely exhausted trying to help me determine whether my conclusion is valid in regards to investing in Maryland (Montgomery, Prince George's, Anne Arundel, Baltimore Counti...
Doug Newman
Absolutely NEVER wait until the last minute to start the insurance process
Absolutely NEVER under any circumstances wait until the last minute to start the insurance process.Better yet, start the process as soon as you know a close date.1) Your agent can't be at his desk 24/7. His assistant ...