I knew that there would be good years and bad years and maybe a bit of something in between. I own a 3 unit in Chicago and cashflow about 350/month/unit after PITI. I figured that would keep me pretty well set.
When ...

So, I recently started making many more offer direct off the MLS than I have before (I am an agent submitting for an investor client). I am getting a lot of "resistance" from listing agents saying they will not submi...

Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...

There are a lot of complaints about bad wholesalers who do things wrong. We all know how frustrating it is to deal with inept, crooked and ill motivated people in any type of the business. I want to start this thread ...

Hi all,
I am in the process of a short sale on my home here in CA. I started keeping a log of what has happened so far and thought it might benefit others if I share what happens. So I googled for a short sale/forecl...

Quick! Sell me your house before it’s too late! :)Are you optimistic or pessimistic about this upcoming recession?I’m optimistic about these next few years, I hope there is a massive price correction. I’m running arou...

Hello everyone,

I am a newcomer to the world of real estate investing and am hoping this site can assist me in making educated decisions. I am looking to purchase a 2-3 family in Providence or Kent count...

My goal in writing this forum is to motivate other young people to work hard, take action, and take risk. To show them that you don't have to be exceptionally smart, or have tons of money.For a long time I didn't like...