Ezra Nugroho
Best Investment Vehicle for Self Directed IRA
Real Estate is certainly a great vehicle to invest because of the various tax benefits associated with it. However, if you invest with pre-tax money, some of those rules may not apply, for example depreciation tax wri...
Ruka Ishihara
Hello from Saudi Arabia
Hello Community! My name is Ruka, but I go by Luke. I work in Saudi Arabia at the world's largest oil company. I am interested in buying real eatate in Chicago, a city I went to grad school in and where I got my firs...
Ian Kibbe
Finishing Basement - Considerations - Addtl unit or Duplex?
Hello all, Longtime reader, first-time poster.We have a classic Chicago 2-flat in Bucktown. We live on the first floor and rent the 2nd.
Both units are 2bd, 1bath, ~1100 sq. ft. R4 zoningBasement is about ~1050 sq. ...
Elizabeth Jackson
Tenants Fighting Deductions
Hey BP community, I’m trying not to lose my mind here. We had tenants for 3 years move out recently in Virginia. The place was really gross- mouse droppings, damaged and moldy drywall, a broken window, termite dam...
Bryan Mitchell
What are the reasons syndicators fail
What are the top reasons apartment syndicators fail? Please provide specific examples of those who have failed. Thank you.
Anthony Halstead
BIGGER than Hyperinflation?
After the interesting discussions going on here at BP, thought I would share a parallel discussion which is ongoing amongst my circle of friends:
During the housing bubble, we were watching. We have some knowledge of...
Corey Demuth
IRA help - rolling funds out of a 401k
I have a 401k with my current job. It is all pre-tax contributions i.e. I did not pay taxes on the money that is in there. I have heard that you can roll your funds out of a 401k and into an IRA or other similar accou...
Account Closed
Incompetent Landlord charing us for damage already in home when we moved in
We have been renting a 1750 sq. foot home in San Jose, CA for the past 2 years. We are paying a ridiculous amount of rent $3100. The home has a pool, but no AC.
Move in condition was deplorable. It was filthy. The ow...
Josh Sterling
Contractor team
How are you guys building your teams for rehabs?
The way I see it there are 4 basic options:
1) Hire a guy (or two) to work directly for my llc (W-2 employee) pay hourly.
2) Hire a guy (or two) to work on a project...
Danielle C.
A to B agent commissions confusion
Hello,
I’m a little bit confused about agent commissions and have a few quick questions before I contact any. On the A to B side, if there is no listing agent and I am using a buyers agent to kick deals over to me...