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So I have been calling around trying to get lists from title companies in Illinois (no lick as of yet) but was informed by all of them that they cannot do double closings unless the first transaction is escrowed, or t...
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I just purchased my first investment property, a 12 unit (1 bed efficiency), for $412,000 with monthly gross rents of $5785. There was fierce competition on the property, which is justified because the most conservat...
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Hi BP Community!
I've recently been diving in to learn about the different RE niches in pursuit of my first deal. Very much still in the education phase, but 2 strategies have caught my attention and I'm wondering wh...
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Currently have 50 k in the stock market and I think the market is about to dive. What do yal think about pulling that out and investing it in a property. Thanks for the help.
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I’m a newbie so I think this question is appropriate. I’ve received different answers from different people so here it is. For rental properties ... do lenders require your insurance to cover replacement value of th...
Thanks for Reading and any feedback... I have the BRRRR Method understood up to this point.So, let’s say I found a property... Locked it up, got a loan and did the rehab. Once I find a tenant to occupy the property, w...
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Hi all,I'm Katie, new to BP, and a full-time English teacher, soon to be a landlord. I'm also a traveler. A few times a year, I go out of town for up to a month at a time in summer, a couple of weeks in winter, as w...
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Hi everyone!Our goals are to 1. create non-401k retirement cash flow and 2. reduce our dependency on our wage jobs over time. We think the right way forward for us is to buy and hold cash-flow-positive rentals, (SFR...
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Hi Friends! I have been analyzing deals ALL OVER the area I live and can't meet this 1% Rule... Where can I achieve this rule without buying in war-zone areas? I have noticed there are people saying they only buy prop...
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Hello everyone,
I've been lurking on the forums for a while now and finally decided to put together a preliminary plan before diving into real estate investing. Apologies for the long post, but I wanted to provide en...