David Friedman
Chicago, Illinois - Ratings of cities/neighborhoods
Hello BP members,
I am currently residing and native to California, but I would like to invest in Chicago.
First of all, I would like to know what it would take to invest in Chicago? I'm looking for lon...
Chris L.
Can I deduct passive losses the year my rental property sold?
I sold my NJ rental property in 2017. I also had a passive loss for the rental property in 2017. With the sale of the rental my income was over 150k. I recognize that one can not take a passive loss if their income is...
David Robertson
Duplex + ADUs Development
Hi, I am attempting to develop something similar to this on an R-5 lot in Atlanta. The zoning doesn't allow for more than two dwelling units per lot. Right now the lot is right at 10,000 SF. Is that interior lot line ...
Ken M.
Pro Tip on Subject To - Subto
If you are considering buying using Subject To - Subto, it's important to know what your exit strategy is.Talk to a mortgage broker (not a bank) and ask if that is a property you will be able to get financing on in th...
Brendan Chisholm
What I learned from my first unsuccessful apartment closing
Since the end of 2018, I have been fully immersed into learning the ins and outs of apartment investing. I have consumed vast amounts of content ranging from books, periodicals, newsletters, while also listening to ov...
Conway Churaman
Man, this NYC forum is rather...sparse
Yes, I'm still in lurker mode. And yes, I do realize I have to respond to several threads I started.....and I'll get to them. I just wanted to make a quick observation and say that this NYC area of the forum is very...
Andrew Rosenbaum
Tenant Won't Answer and I Don't Have Keys to the Property
I just closed on my first rental property which is a triplex in the Greater Philadelphia area. All three units are occupied with only two units paying rent. The third tenant who is not paying rent also happens to be i...
Trevor Schumann
CAN LANDLORD RETROACTIVELY REFUSE LATE RENT & PROCEED WITH EVICTION PROCESS?
I am on the dark side with this question. My current land lord in short wants me out. 1 day after the 3 day grace period I got a notice to vacate. I went to the office with the cashiers check and the land lord signed ...
Naomi Boudreaux
Tax Lien Sale in Louisiana. Redemptive Period Coming. Need Advice
I won a tax lien sale at 100% via Civic Source and the required 3 year redemptive period is coming up. I was reading that I was supposed to notify the owner or whoever the heirs of the property were during those 3 yea...
Michael Snead
I am about to sell waterfront property for 35% ARV. need advice!
Hi BP, I will try to keep this long story super concise:My Grandparents passed away last Dec. leaving their waterfront property in the fingerlakes to my mother. The property is a 3 bed 2 bath 2 story plus basement. th...