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Back in November (2014) I closed on my first REI property. A 'turnkey' duplex in Chicago. I went with a well-known turnkey provider and posted initial updates in this thread:http://www.biggerpockets.com/forums/92/to...
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I have had the opportunity to find and work with some of the best property managers (after many years) for our current properties. Over the years we have gone from me just treating them like just a service I hired to ...
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First of all, I really do appreciate all the helpful guides and discussions on here to help educate a new REI such as myself.We can all invision the statement "It is better to purchase 5 properties at 20% down, and fi...
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Good evening BP,I work full time as a teacher, part time as a behavioral therapist and I am a church musician. I’m trying to 10X my income to buy more properties. Furthermore, I’m married with 5 children under 5 years...
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Hey everyone,So I am under contract on this deal without a buyer's agent. I found the deal through the MLS and got out there quick to check it out. My first point of contact was the seller's agent but when I went out ...
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I need Help!!! Just a heads up long post. I had to move for work and was debating on renting my house out. In Jan 2019 I made an agreement with text message proof “not sure if that means anything “ with my cousin that...
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Hello Everyone!My S/O and I are currently exploring the option of investing out of state for rental properties and would like to do it on our own(by this I mean no turnkey companies).
Just for some context, We live i...
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Of all the major cities in the US, Chicago seems to have MF listings that have numbers that look better, at least on paper. I can find multiple listing in the 300-500k range and have 9-12% net cap. No other city has ...
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I have been considering rolling my employer-sponsored 401K into a checkbook/self directed IRA for the purpose of providing hard money loans because I am DISGUSTED by the low ROR I get now. What advice do veteran lend...
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@Bill Labrecque and I closed yesterday on a 2-family flip in Southington, Connecticut. As project progresses we will document the progress on this thread.Here are some of the key numbers:
Purchase Price: $87,500...