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So I recently got an accepted offer on my first SFH intentional rental. I have had a rental for 5 years previous owner. During the entire process I've read every book I can get my hands on, cash flow quadrant, ric...
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I am looking at a house package, but the seller is not planning to 1031. I would like to offer options to defer tax because he's retiring in about 2 years, but getting out from under his loan is his priority to be mor...
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So have $30,000 in cash reserves but I do not want to use it all on a down payment for of a house (via Conventional Financing/ 20%). Now I know what you're thinking "just do the FHA route" well that is 100% true I can...
Hey everyone! I am just listing my first rental property and would like to hear some opinions on pets. What are your pet standards, do you set weight/ breed restrictions? Do you charge pet fees (refundable or non refu...
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I've been reading through a few posts here and got mixed feedback about condo rentals.I'm currently focusing on doing condo buy and holds in the most popular neighborhoods in Chicago (Gold Coast, Old Town, Lincoln Par...
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Redfin recently did a report on cities least and most likely to be affected by a recession. Least volatile were Rochester NY, Buffalo NY, Hartford CT. Most volatile were Riverside CA, Phoenix, AZ, Miami FL. The criter...
I've heard it said many times before that we should always hold our properties in an LLC. In fact I have done so in the past, with some cost, here in California. Some fairly prominent people in the industry suggest ...
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Hi all, I'll be closing on my first 2-family this week and did some initial estimates and realized I'll probably be positively cash flowing anywhere $200-$500 a month. I'll be moving into the basement next year and wi...
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Hello everyone!A good friend and I are looking at forming some type of REI partnership.He is a more seasoned and self sustained real estate investor that is living the dream, I'm the newer guy with the time, W2, etc ....
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When I reach out to investors, crime rate in Baltimore always hold them back from residential and commercial investment. Why do you invest in Baltimore? How do you deal with the security concern?