2 Family illegally being used as a 3 family.1000/month1200/month 1000/month$105,000I pay electric heat on 2nd and 3rd unit. The 1000 3rd unit is illegal.Working on it now but I can probably get 600/month for it if I m...

Hello all,I have been reading and stalking the forums for a while now and decided it was finally time to start posting and networking. I'm taking any and all tips and advice I can get. Hopefully one day I can go from ...

Hi BP,Another quick question as I continue my journey towards first purchase. How do you seasoned investors budget taxes?In CA, it seemed like purchase price became the new basis for property tax, but in Columbus and ...

Hi,
Im getting close to closing on my 1st multifamily property and I'm in need of advice and opinions. A little background on the property: The property is 2 brick ranch duplexes on crawl spaces and on one piece of p...

Hello all, this is my first post, but I’ve been binging Bigger Pockets since last December. Great stuff. I’m 65, close to retirement but wanting to work for a couple more years for the steady paycheck while I get into...

Hey all, I'm looking at a duplex and I'm crunching the numbers. They look decent (COC return is lower than I'd like) but would love any feedback.Thanks for taking a look!
Rental income: $1600
Expenses:
Taxes: 319.4...

hello everyone! I'm currently looking to purchase a 6 unit property in Chicago IL. I have a couple folks who want to invest and essentially put enough money in to pay for the down payment + closings costs. They would ...

I need help exploring my first investment property deal please. I've always had an interest in real estate, but have no experience. A family member owns 28 rental units and wants to do an owner financing deal with me...

Hello all,I’m fairly new to BP site….Been so busy consuming info that this is now my first post. What a treasure trove of RE knowledge and info!  I found BP through a real estate weblink and exclaimed, “This is incred...

So I found a way to avoid the double transfer tax by utilizing 1. an option contract 2. a notice of option contract and 3. an option termination agreement instead of a purchase agreement with the seller. You act as ...