The seller is asking $749,000 for this property, the tax assessor has it at $627,100,  I've analyzed it at $600,000.  It needs some exterior work, and what appears to be a minimal amount of interior work.  I've only b...

Hey BP! I’ve been diving deep into self storage research. Trying to figure the ins and outs. The one thing I can’t find out about is “Can you brrrr a self storage facility like you would a multi family property?” Any ...

The following is a few reasons why we've used lines of credit to scale our portfolio as opposed to using the BRRRR method.  The BRRRR method is a great tool, but has certain drawbacks that are accentuated in the curre...

About 2.5 years ago I purchased my first home and took advantage of the first time home buyer tax credit. The terms of the tax credit required that I live in the house as my primary residence for a period of 3 years....

How do you handle requests for rent abatement from restaurant tenants due to the Coronavirus? Obviously, if they are forced to shut down, I am sympathetic to their situation and want to keep them as a tenant. But an a...

Hi everyone! Quick question here, 3 years ago I got divorced and we reached an agreement with my ex-wife, in which she gave me money and she kept the house. We agreed to leave the mortgage with both our names and she ...

Hi Everyone, thank you for your time, I am a newbie so please be nice! :)
I have following Assets:
Rental property - Purchase price 120K (Current Value 200K) - fully paid - bringing $1450 a month
Primary Residence ...

Hey Everyone,

I am looking at a current deal in Belleville, Illinois.

4 Unit multifamily complex.

Rent #1 is $550 for a long time tenant, now is on month to month lease.

Rent #2 is $500; lease ends July of 201...

Hello, was wondering if i could get some advice. I have a 2 family home that i purchased, 159,900, Tenants on one side for 20 years and the other side vacant. i put about 20,000 into sprucing and fixing up. With repa...

Hello!We have a home under contract and based on our numbers it cash flows quite well.  The current tenants are pretty gross and don't take very good care of the place, but since its cash flowing well we were planning...