Being in a competitive market, I’ve researched out of state investing a bit and have always been gun shy due to not feeling comfortable buying property that I don’t personally control and having to work with a turnkey...
Hi, my name is Michael and I'm new here. :)A little background.I am what I call an accidental investor. Basically, I bought a condo in San Mateo but I had to move out of the area for work during the housing crash. I c...
So I am in a weird situation. I have been actively investing in Real Estate for the last 6 months, but have had the idea for 3 years or so. Over the course of that time and during my research and thinking phase, I was...
Hi Folks,
Our friends at the IRS are auditing my 2009 return, mostly because of my real estate professional designation.
I have a full time job and the rentals take up all of the rest of my time and I easily spend mo...
I got a lot of value from Michael L's ongoing post about his experience with Elite in Chicago, so I thought I'd replicate that for others. https://www.biggerpockets.com/forums/223/topics/16...I live in Southern Califo...
So, for all that do not know, Amazon is building nearly 2.4M sq. ft. distribution center(s) - specifically (2) new facilities within 20 miles of one another in NE Ohio - this is great news for the region and job creat...
Hi Guys! I am planning to buy a duplex using FHA loan so I can make a downpayment of 3.5%. Is it possible to keep the one unit vacant and not live in there? I just want to have the benefits of the low downpayment. (ho...
Bought my first deal and now its rented! I have a full time JOB, I'm a very busy single mom and now I'm a full time LandLady :) Here are the #'s:Purchase Price: $78,900Down Payment: $7890Repair Costs: $1200PITI: $585R...
Working on creating my policies for becoming a landlord in Chicago, IL before i buy my first building because of the highly ambitious goal of having 1000 rental units by the time I'm 40 (which will be in 13 years from...
The rental industry remains one of the least disrupted multi-billion $$$ industries in the US... Other than software to make marketing, property management, researching properties, finding owner contact info and accou...