I bought a restaurant building in March of this year. The building is around 10 years old. I used 1031 exchange to buy this as a replacement property - sold the original in Dec last year. My question is, do I have any...

I found a property in the South side of Chicago.  The owner said that the city made an offer to buy the property but she felt it was too low.  The COC ROI is 20.95% and the cap rate is 11.75% and the cash flow is just...

Both businesses are non-passive businesses:

In your opinion, if you had to decide between starting a brokerage or a flipping business which would you choose? A brokerage would need to constantly lead generate for ne...

We put in an offer on a REO at the end of May. After two weeks of offers/counter-offers and more counter-offers, someone else puts in a bid. That offer was declined and our 3rd counter-offer was accepted. We sent i...

Hi, I am in the process of buying a triplex, the 2nd and 3rd floor apartments are both 2 bed 1 bath and are currently rented at 650 including all utilities with no leases. I will be living on the first floor. Market r...

When doing hard money loan, what should I look for to keep cost as low as possible besides interest rate, is there a list of estimated costs I can ask for or how can I compare between two or more hard money options?

Hello everyone!Is it possible to approach a lender and ask them if you can leverage your 401K plan to take out a line of credit? Is this even possible, or will it mess up anything with your 401k? Obviously there are r...

I purchased a property in 2013 for $265,000 and leased it out ever since at $2,300. The return rate (without depreciation) is at about 5%. The selling price of the property is at least 325,000 right now. The property ...

My partner & I (new to real estate investing) have been advised to pick a niche: homes for first-time buyers, “value-add” properties (those in need of work), foreclosure buys, tax lien purchases, etc.  That said, ...

We recently wrote a letter to the Tax Auditors office to request a re-assessment of the tax value on one of our properties. This would be the taxable value of the home. For an hour of our time in writing the letter, w...