Adam Mazzochi
HELOC vs Conventional Mortgage over a 5y term
The title says it all what are you thoughts of taking value out of your house to buy another you will rent out and pay off within 5 years vs purchasing a rental house with the brrrr strategy or just getting a mortgag...
Manish Shah
Create an LLC and how many?
All,
I have 4 investment properties in Chicago, and need to put them in an LLC.
1) Can I just do this myself using a quick claim? I noticed the form only really needs a notary... or do I have to use an attorney?
2...
Chris Laino
Investment Property in Flood Zone...Thoughts?
I found a property I can get for about 100k and I think once it is fixed up I can sell in low 200s or rent out. My main concern is that it is in a "flood zone" although it RARELY floods. What is everyone's thought on ...
Arturo Borges
Do auction properties work?
What are the pros and cons of buying properties at auction from auction websites like xome.com? Is it a good strategy? Or there are other hidden things to consider?
Danny Cerecedes
Buying at Auction in Ca
Hey BP,Looking for some feedback and any help at buying properties at Auction. Maybe in a nutshell the typical process, chances of actually winning a bid? I have never done one or have been to one but looking at Aucti...
Sean Dezoysa
Doing deals entirely over the phone?
Hi; is it possible to do deals entirely over the phone, and just send inspectors and property showers to the house? It seems like it would be doable to me but I may be missing something.
Rob Wilcox
Tenant Turnover - Key / Lock Question
Hello BP!
We are turning over our first tenant.
Do we need to change the locks / re-key the unit before giving the keys to the new tenant?
If not required by law do any of you do thIs?
Reading through the Georg...
Keith W.
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.This Bank Owned property is listed at $150k. ARV is $346K. It will require complete ren...
Bryan Hancock
Are People Programmed to Sell Their Time?
I find it quite puzzling that most people insist on relying on selling their time as their sole livelihood and will go to great lengths to trade their time for money more efficiently. These same people never attempt ...
Ted Strzelecki
Patience is key, but bid on both, and got...both
Hello BPers. I wanted to share my experience and wanted to know if anyone had something similar when they were either getting started or getting back into RE. So I am in no means an amateur in being a "buy and hold" i...