Hello to all my Chicago investors (and everyone else). I currently am looking for some guidance to help me narrow down my search for my 2nd property. I currently own a condo unit in the NW suburbs, but am looking for ...

The only benefit that I've heard from people of carrying a mortgage on your personal residence is the tax benefit.  Maybe it's because my interest rate is so low, but I don't have enough deductions (including my mortg...

How does someone BRRRR properties that are under 100 K in value? The lenders I have talked to want the property to appraise for at least 100 K for the 30 year refinance loan. I know in many areas 100 K property as a j...

Does anyone know of any places where I can run a background check on an applicant that doesn't have an SSN. They have a drivers license through the Mexican consulate, and permanent resident status (green card). Smart ...

I'm considering the acquisition of a batch of rental condos from a single owner with about 40% ownership of the total number of units within the condo bldg. The batch has significant NOI with immediate opportunity to ...

I have my first rental property and have been considering getting umbrella insurance on the property and not setting up an LLC for it. How does this work from a tax perspective? Do the tenants write the checks out to...

Hello BP, 
I'm not an investor yet, but my wife and I are considering holding on to our first home when we move to a bigger place and renting it out.  When we move, we'll own the first house free and clear, but are c...

What do guys think about the Chicago market?? Is it still gonna be on the rise or is there a chance of it crashing?? From the information I’ve collected it seems that it’s on the rise since the foreclosures sales are ...

Hello,I was offered 100% finance 96.5% first loan and 3.5% second loan mortgage for a multifamily  the 2nd mortgage for that 3.5% MUST be paid back, but just like the first mortgage, it doesn’t have a PPP and itcould ...

I heard an investor on a call say it's best to have some debt on properties for protection. There wasn't time to discuss in detail so I'm asking you all fellow investors about this. What's your perspective and why? I ...