I’ve heard a lot of talk going around that newbie investors should be saving up and holding onto their cash instead of investing during these uncertain times.My thought process however is that, if you have the cash re...
I am working on a lead and need some advice from the more experienced investors out there in the BP world.Here's some background with numbers:List price: $119,000Specs: 2BD, 2BA, 1192 sq/ftARV: $125,000Estimated rep...
I am new to sheriff's sale but not new to real estate. I have purchased dozens of home without interior access through auction.com, hubzu, xome and I know there are guys making a living at the courthouse steps so I fi...
Howdy,Tenants thew a party, bought furniture, and now are a little short on cash, go figure.I am double checking a few things, can a Chicago expert please confirm this information?2017 Chicago Residential Lease 5. Lat...
A broker friend of mine has a multi-family listing that has not moved yet and he's trying to see what can be done to make it more attractive as an investment. I gave him some thoughts, but I'd love to hear what the r...
Dummy me. Waiting WAY too long to put my foot down on a delinquent tenant. Got caught up in school, etc. On Wed June 21 she stated she had mailed the rent. As of Saturday, June 24, no rent received. On Sunday I held a...
Real Estate Investing has created and built wealth for so many investors over the years. There are so many shows on TV today that discuss flip, flip, flip!!!! YOU can make fast cash when you flip but it would also be...
I am using the BP rental calc to evaluate properties for potential rental performance. What numbers is everyone using for their expenses?I am using:Vacancy- 6%-8% this gives me one months rent at 8% or just enough to ...
Hey Everyone,My goal is to invest in Single Family Homes and Condos that I can rent out and eventually generate a decent amount of passive income.I’ve heard from many experienced investors (and moguls) that the best w...
I've been on the Dave Ramsey bandwagon for the last several years. His advice definitely worked to get us out of debt and allow us to save a pile of cash. But as I look to get more into real estate investing, there's ...