Jules H
Pay off mortgage or refi to buy more property
I have a rental property on a 15 yr mortgage with only 5 yrs left. Should I refi and take money out to buy another property or pay off the mortgage as soon as possible. Rate is 5.25%, mortgage is $1800 pm, it rents fo...
Isaac Wescott
Newly Licensed in Lincoln Park
Hi BP Chicago community! I have just passed my real estate exam. I originally pursued the license as a means of getting a start in real estate and eventually pursuing my own real estate investment opportunities as I e...
Jason Carter
Strategy for low income earners?
Hello, I would like to know the best strategy for someone who earns $23/hr in Illinois. Thank You!
Sam Lofton
Verifying Income for Self Employed Applicants
Hi, I'm screening tenants for my next rental and have an applicant who is self employed. How would you recommend verifying his income? Are there extra stipulations you would include in the screening process if a po...
Christopher Lynch
Thinking about selling
Hi All, looking for feedback. I have a duplex I bought in 2019 in the West Warwick area. Since the market has really climbed and my neighbors just sold a smaller duplex for over 400k. With the market going so crazy I ...
Paul M.
Best area/region in the US with the best Property Managers?
Is there such a place with information on this?I'm starting out investing in some smaller multifamily properties (12 units) because after my research and particular situation its the best way to generate wealth, I fee...
Ian Martin
Seeking Real Estate Connections in Denver, Colorado
I joined BP about a week ago and have yet to make my introductory post. I've learned a ton on this site already, but am eager to make some real world connections and get the ball rolling. Originally from Massachuset...
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Broad Strokes
This is a question for the well experienced and seasoned entrepeneurs who wish they could go back and do it all over knowing what they do now.
I am a pre-newb. In about a year, I plan to take a chunk of cash totalli...
Connor Pine
Where should I keep my money?
I’m a full time college student with about 4K saved up. I have around 1.5k in the stock market, and the rest in savings and checking accounts. At a basic level where I should I keep my money? I have read about contrib...
Ganesh Rao
Deductions
Any one have experience with deducting rental expenses against ordinary income (not just rental income). I know there are rules regarding active versus passive investing and there is a cap (MAGI) but if one is over th...