Quick Background: I started investing and learning about real estate two years ago. Since then I bought a 3/2 that is cash flowing nicely and purchased my own home with three roommates covering the mortgage for me....

In trying to make sure I know everything about my options, I've been trying to figure out what wholesaling is all about. I get the basic premise: buy a dirt cheap house and then sell it for less than dirt cheap to som...

There are cautionary tells in the pod cast and in the blogs here on BP about how to beat out the competition at auctions and negotiate with contractors.  This week, I armed my self with the advice bestowed to me in th...

Hello everyone, my name is Blake and I have begun to dive head first in trying to educate myself. I am from indiana and I am currently taking a few months to learn and plan my goals for investing. I am wanting to even...

My lease is up March 2020, I’m prepared to purchase but looking for input. I have 2 options: A. Buy a townhome in my current area (Naperville, fairly affluent suburb near Chicago with great schools) or B. Buy a small ...

Wondering what everyone's lowest acceptable cap rate on rental properties is in this market? 8% cap? 10% cap? More? Less?
I Understand that it more than likely varies, and is based on many different factors (type of ...

So, I have a big beautiful newly renovated flat in a good location that I listed a little over a week ago. I have good pictures, a nice video (uncommon for my area), am priced below the competition, and have my listin...

Hello everyone, I am looking to make a career change and become a commercial real estate broker in Chicago. (A good friend told me that I should go into commercial real estate and he would send his HNW clients (10+mil...

I had a group come by this morning to look at a house. They were very normal, polite and no alarm bells went off.
After they left there was a knock on the door a couple of minutes later and it was the husband/boyfrien...

Trying to figure out the best way to close this deal. It's a package of smaller mixed use properties in Newburgh NY. 8 buildings mostly brick 36 units. The gross income is close to 300k expenses 100k. Purchase pric...