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Currently under contract with potentially my first rental property and just wanted to gather all my eggs on a basket.I wanted to ask what questions should I ask before hiring a property manager and a contractor? What ...
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Long story short, ran the numbers on a property that looked like a great deal. After getting prepared to make an offer, I looked up the flood zone information and, behold, it was in a 500 year flood zone. After revi...
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I'm looking at purchasing some sfr or small multi families in the western New York area. Does anyone know the income tax rate an LLC would pay in New York State? Besides being able to write off expenses, and deprecia...
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Hello, I know this is a common topic that comes up, but wanted some input on best way to proceed with this particular situation. I have 3 condos in a community of about 70 units that are managed by an HOA as well as a...
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Would you make this deal?So I have come across a condo that I am interested in as an investment property but want to know what others would do if in my shoes.Specifics:Asking price $55,000 (Has been on the market for ...
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Hope everyone is having a great Monday/Tuesday AM. I have a very nice elderly lady who wants to sell me her house. Pretty well motivated. Unfortunately, she does not know much about the state of the house (she lives 1...
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Railing or not?
Okay, I have a slightly obese tenant. Pushing 400lb. Has a hard time getting out of his car and moving around in general. Uses crutches, and has obvious feet problems. (swollen) No judgement here, just...
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For real estate investors: When starting out did you set the goal of becoming a successful real estate investor or did you accidentally end up finding something you enjoyed doing and ended up being a successful real e...
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I tend to have 2-3 week gaps in my medium-term rental bookings. Does anyone have a strategy to limit the gaps in between bookings?
Thanks
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Really how bad is it in Chicago to invest now. I see Texas, Colorado, Tennessee, Denver, even Indian but I dont see a lot about Chicago IL investor making investment. Is the market that sewed up that investor don't ...