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Hi BP members! Hello! I'm very new to the industry and trying to seek advices in rental property investments . From my brief study, cap rates ranges from 3.5~4.7% in general. Not sure if it's good time to invest or ho...
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I know it's difficult to estimate in a spreadsheet due to so many variables but for people have flipped houses AND who invest in 1st position NPN, which results in the best overall after-tax ROI? I know the first res...
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Hello all!I am looking to buy my first multi family but need to make sure I understand my monthly payments to find the best deal. Unfortunately this includes figuring out taxes. I am trying to wrap my head around asse...
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I have done a lot of homework through reading books, reading forums, and listening to podcast and had a quick question. I have started to gear up for my first purchase when the numbers make sense with a BRRRR strategy...
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Hey BP,
Currently, I'm living "Down Under" and continue to run my business remotely. Lately, I've been looking into a virtual address for my business? (My current business address is registered under a relative. As ...
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My partner and I purchased a home using an interest only loan last year and rehabbed it in order to make it a STR. All of this was done in our LLC name. It's been renting great, but now the loan is coming due and I am...
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Hi, I was recently in an accident where my car was totaled and am trying to figure out the best step to get a new one. I'm 24 years old and have about $26k saved with ~15k designated as my emergency funds. I'd like to...
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Hi everyone, Looking for help in better understanding Chicago's ST regulations on 2-4 story units. Is it true that even if one owns the entire multiplex, they can only STR if they occupy one of the units? That would r...
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I’ve always purchased my flips from wholesalers, but they don’t seem to be getting any decent deals under contract as of the last several monthsI am considering starting to go direct to seller myself. I keep hearing t...
To property owners that do all repairs by them selves. I know this question is kind of impossible to answer exactly but some answers would be nice. My question is does anyone have a list of most or all the tools that ...