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Its LLC entity, will issue K-1 for each partners.
Passive income for passive partners - Should it be categorized as ordinary income just as the active partner, or should be short term capital gain? The project is a f...
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Hey BPers!!!
I need some help/advice as to what I should do with a possible subject-to I have with a house that is suppose to be auctioned May 2.
I received a phone call from a direct mail campaign I sent out and th...
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Just got a renter in a newly acquired rental. They texted me saying their refrigerator doesn't fit in the designated space. I don't have the details yet on the dimensions of the space or their fridge. We'll do our pro...
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Hello Everyone,I am no stranger to the Chicago Real Estate Market. I've seen some areas where Fix n Flips are happening even during this difficult time that is upon us. However I am not experience on the rental market...
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I have a friend that has been looking for a house. She has found 2 that she really liked but when she wanted to put an offer on them her realtor wouldn't. She said the sellers (of both different houses) had paid almos...
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I just read this article from Redfin (Housing Market Predictions for 2025) that predicts mortgage rates will stay at 6.85% in 2025.
That seems like one of the few predictions saying rates will stay that high. Are t...
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Hi all,
So here's where I'm at.
My goal is to cash flow $4k per month ASAP. Why 4k? Bc that is roughly my monthly expenses. 1k of that is the property taxes on my home!!!! I have about 250k capital to work with and I ...
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Is there a Realtor "law" that requires a listing agent to submit any offer to the seller? If there is could you tell me exactly where it is in the Realtor "rules"?
I'm asking the question because I submitted an offe...
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Whenever someone asks you: "What do you do?" - you typically say "I'm a real estate investor" and then continue to qualify that with how you locate and acquire / syndicate multifamily properties with outside investor ...
I need Ocwen to release a portion of property that I bought from my neighbor 25 years ago.. I have the deed, and I need to know how to get in touch with someone at Ocwen who can release my property off of my neighbor'...