Hello BP,
I would appreciate any insight/advice regarding this topic. I have recently closed on a SF, 3bed 2 bath in an extremely small town. A Realtor representing a construction company asked if I'd be willing to L...

I am looking to purchase two properties in the Phoenix area. Both are in the same subdivision and one would be a rental while the other would become my primary residence. For liability purposes, I would like to hold b...

Hello everyone.  I just spoke to a lender and long story short, he said I would need to bring about 20k of my money to the deal (on a minimum loan of 60k).  He hinted that this was common with most hard money loans.  ...

Hello all. I have a scenerio that I would like to run by the group for consideration. I've come across a forclosure on the Northside of Chicago that I think has some relatively good #'s but again I am leaning on th...

What Do You Do To Find The Perfect Tenant?

Hi all,

I've been trying to do my research into commercial lending terms. Based on all the threads on LLC vs operating in my own name I have decided it is probably best to operate under an LLC. Since as an LLC I cann...

I have rented a couple of units to tenants that were brought to me by a non profit agency. Within the first month, one tenant gave us some trouble on her rent and we initiated the eviction process. We contacted the no...

Hello community,
I'm hoping to get some guidance from anyone who is familiar with retirement plans. I'm a firefighter with a 457b tax deferred retirement plan. 2 years ago I started a business and my plan is to open ...

Hi fellow investors, I am in the knowledge-gathering zone and when it comes to the topic of how to pay to the contractors, I have read people saying that they only pay for the material cost upfront. But when exactly i...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $229,000

Cash invested: $8,250

This is our first house hack and it was a roller coaster of emotions, please ...