LLC vs S CORP ? I’m a new investor who lives in Los Angeles. I’m looking to start Fix n Flipping in the Ohio market. Should I go with LLC or S Corp when investing in out of state markets ?
Hello everyone,I'll try to make a long story short here. I recently had a tenant who I could hear running the water for long amounts of times (15 minutes or more). After the third time in three weeks I asked them what...
It's a very interesting time right now for investors, I wanted to see insight of to what investors are eyeing. What are your plans to make it through this? Can't stay on the sidelines forever, so whats your next step?...
Hello, I'm looking at a duplex in the Columbus area. Wondering if anyone knows what is common for amenities provided by the landlord. Are renters paying electricity, sewer, water, trash, etc. Most likely house is not ...
Hi BP!
Ok, so I have a property I think I can make a deal on tomorrow. I've had a few conversations with the owner and he's very motivated to sell. He and his wife (ex-wife now) bought this property a few years back...
Hello All,I am renting out my first property that I am house-hacking. It’s a single family, and I am using property management for tenant placement. I would like some advice on the pricing strategy, both property mana...
I am trying to learn the numbers to not waste anyones time, lenders, agents etc. Could someone break down why a property with an asking price of 200k, arv of 310K and repairs of about 30k is a bad deal?
whether you're a new Investor or a veteran in Chicago Real estate, this is pretty much everything you need to know about Chicago Multifamily property taxes. Cook County has an effective rate of 2.10%, almost double th...
Seller texted me letting me know she's excited to close tomorrow at 9am. She saw on the hud statement that they owed 2k in taxes so she went to the office and paid it. She has a receipt that it's paid. Will they just ...
Hello BP! I need a little advice. I have a property that I am looking at and I would really like to hear peoples advice on what a fair purchase price would be. I have done my own analysis and would like people to just...