I'm starting to hear about great deals from Taxi drivers, hair stylists etc. Lots in my areas are going up 20% and home prices as much as 25%. Sorry, but I'm a realist and this seems a lot like 2007. Are we in for a s...
Hello BP world,I am looking at investing in Chicagoland and eyeing "better" parts of the south side to maximize CAP rate. Seems like Indiana has more favorable taxes and landlord laws... Does anyone have experience i...
This bad handyman is accidentally looking to get promoted to just a regular handyman. Ive never been afraid to roll up my sleeves, but I generally know what I don't know and hire out the more advanced or specialize...
What is considered a good monthly commission on gross monthly collections from the company providing equipment for my laundry rooms? They are putting in four brand new frontload washers and dryers. I am signing a fiv...
THE INTERNAL RATE OF RETURN (IRR) TO AIM FOR
The IRR should reflect the degree of risk you’re willing to take. The riskier an investment, the higher the IRR. If you’re purchasing a building that has decreased in valu...
If you were in my shoes, what would you do?My why: financially free so that I can split my year into 3 four month periods (4 months with extended family, 4 months in nature doing conservation work, 4 months working on...
Hello All,a newbie here..I am contemplating purchasing a piece of land ( a wooded lot that is zoned for multi family construction) in Chicago area..it is priced very low. with the intention of getting a loan to do the...
Hey BP!First post. My wife and I bought our first home earlier this year in North Richland Hills, TX. It was going to be a 10-year property for us and we were looking to buy a duplex in the area. But, life had differe...
We are under contract on a duplex that we are going to rehab. My current plan of attack is to use a conventional mortgage I'm already approved for on the initial loan, and then use part of my HELOC to pay for the reh...
I'm not sure what analysis would give me more accurateinformation. Here is the problem. The property has 10K of foundation problems but it's not bad enough that I would fix it now. If I wanted to sell the house it wou...