Hello BiggerPockets community! At the end of this post, you will find a heat map of Chicago Cap Rates by neighborhood. Map areas with a darker shade of blue have higher cap rates.
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Ok let's say owner is selling house sat 90k, and owes 85k on it. What do you base it on whether it is a good deal or not? If they owe less than the house is worth or owe significantly less? What should I know exactly...

I had an interesting phone call with a real estate agent today, well, interesting to me anyway.

There is an 8 family listing (City of Milwaukee) that caught my eye and I phoned her on it, she's not the listing agent....

A friend and I just finished a flip with pretty much a 50/50 split arms length agreement. Everything went fine, no arguments or problems.

The question(s) surround the taxing and distribution of funds. Both the hard...

Hi BP!I am trying to better gauge my options when looking at multi-family housing (4+ units) and am trying to see my options on how to analyze the deal best.  For example, some properties on loopnet will disclose curr...

Let me give a little background: I am a 22 year old college grad (as of May 2019). I recently purchased my first home with my also 22 year old recent grad girlfriend. It's a 3 bed 2.5 bath town home. It is currently j...

Found a 2 bedroom 1 bad SFH in the Saint Louis area. House was built in 1949, is listed as 800 sq ft and has a finished basement. asking price is $26,000. House probably needs 4,000-5,000 in cosmestics, (painting, new...

http://money.cnn.com/2009/01/08/real_estate/thousand_dollar_homes/index.htm

My wife owns purses more than some of these houses are selling for! Yea, that's stupid on my part, but she is kinda ...

So I think I have some of the process down but feel lost still. It might be because I feel it should be more complicated than it is.

Get lead then work with the owner of the house. Get all the necessary paper work t...

Wondering if capital gains from a sale (and capital gains only) could be taken and rolled into a different property via 1031 exchange to avoid the tax hit.  Or does one have to take all the proceeds and roll them into...