Hello everyone at BP! My fiancé and I are getting married in 2 years but plan on getting the house this year. We're planning on buying a duplex and getting a 15 year mortgage. The plan is to contribute towards the pri...

I recently got a new job that is 86 miles from my current home. I've owned my home for 2 years now and thinking about renting it out and getting a new one closer to work. Including my house i am 700K in debt. I am a v...

When using a BRRRR strategy or any real estate investing who typically pays for the variable expenses, such as gas, electricity, and water?  Is there any other expenses the tenant covers that the owner does not?

Hello all! I've just jumped into this neat little "real estate" pool with you guys and the waters great. But I don't know where to go from where I'm at now.So, here's the situation.$169,000 loan, first owner of a 2014...

Let’s say for instance, I’m looking to buy a duplex that is $200k, I can either use a FHA loan 3.5% down or use a conventional loan with 20% down. Wouldn’t a FHA loan over the course of 1 year save me more money? In t...

I have been sitting on the sidelines for quite sometime doing my research, but feel I am ready to take the plunge and purchase my first investment property.  I am in the process of starting to look at properties and a...

Is the time worth getting a real estate license worth the benefits? Do most of you investors have one?

One of the biggest things that you have in a flip project or even a buy and hold project is your contractors. A lot of times one of the things that people will say is, “I'll just go do the work myself,” well you got a...

Hi BP,
I am wondering if my interior quote is super high.
I received a quote to paint the interior of our 2,400 sq ft duplex's interior walls, trims, ceilings, and stair case railing for $12,115. 
I have heard from...

Investment Info:

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

Purchase price: $600,000

Cash invested: $27,000

HOUSE-HACK / OWNER-OCCUPIED!

This is a multi-unit building with...