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Hello Everyone:My name is Felix Pena. I currently live in Chicago, IL and am a licensed agent in the state of Illinois. Perhaps my intro is confusing as it states I am new member from Kenosha, WI. I lived there for...
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I believe we will see the market crash back to the recent years in 2 or 3 years (I'm thinking 3 years). Here's why:
1. Too many people are still behind on their mortgages & too many homes are already in foreclosu...
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Hi BP Community! I'm diving into the Chicago market (city neighborhoods) and am planning to rehab and sell single family homes (initially) or some 2-3 flats. Depending on the scope of work to be done, I'm targeti...
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We have 2 properties. One is a 1 BR/1 BA, the other is a 2 BR/1.5 BA. The 2 BR has been rented out as an LTR since we bought it in 2018. My dad has been living in the 1 BR since we purchased it to cover holding costs ...
My BF and I live in SF and will both be working remotely for the next 6 months at least. We're considering ditching our SF apartment ($4k/mo rent) and instead booking month-long stays in short term rentals around the ...
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After a long process, I am ready to put my reno on the market. Bought with cash. Should I transfer the asset to my newly created LLC and sell from the LLC, or keep in my name? Is there a benefit to either? Thanks for ...
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Does anyone know anything about this company? I interviewed with them a couple times, they are a publicly traded corporation that hires real estate agents as employees. They are like the 5th company this year to tell ...
I have been monitoring and researching the Tax deed process in Texas for the last 6 months. I have all the information I need to pull the trigger on my first transaction but I do want to know if anyone knows any ways ...
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Hi, My name is Tyler and I am a new member to Bigger pockets. We currently have 1 single family (just rehabbed and rented) - although we have had 3 units in the early 2000s. My "real job" got too demanding and we deci...
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If I take out a loan to fund an investment in a notes fund, is the interest paid on the loan "investment interest" that goes on Schedule A or "passive interest" that goes on Schedule E?I found the following in "The CP...