I'm a new investor looking to acquire 2-4 flats in Chicago's northwest neighborhoods. I'm looking for value add properties in which I can adopt the BRRRR method and try to pull as much of my initial investment out of...
Hello All,My name is Jazmin, I am 25 years old, and I am a complete newbie to real estate. I am starting off with the basics which include podcasts, books, youtube and more. I have no experience in real estate and bei...
Should I get something in writing with the seller before I have a contractor walk the property with me? That seems like an obvious yes. So should I get a lawyer or just a self written statement with my and sellers sig...
Good morning everyone. Wanted to see what your thoughts are on this. I closed on a duplex a few month ago and now there is a plumbing issue where the plumber says that they'll need to change both main lines to the h...
Hello everyone,
My name is Jacob (please excuse the profile mismatch - I'm using my dad's BP Pro Account).
I have a goal to buy a small apartment complex by the end of the year and the first step I'm taking toward...
Looking to house hack my first duplex. Found an agent who works in off market deals and he had a great one for me. However, I'm a little concerned with him working for me AND the seller. Essentially, I would think tha...
Hi everyone! My fiance and I are new to real estate investing but we're motivated to start asap. We're struggling with financing our first fix & flip as we have very little cash (we're paying for a wedding) and ou...
I am asking my fellow investors, how do you market directly to distressed property owners? I have heard that direct mail is successful and want to know if you agree. If you do agree, then what type of life events do y...
Hi All,
Will maxing out HELOC before selling exiting property cause 1031 to be denied by IRS? HUD-1 only shows the amount used to pay off 1st mortgage and 2nd mortgage (HELOC) but not the data of fund drawing from HE...
Hello! I am new to BP and real estate. Joined in because I'm looking to move out of state and house hack in Austin TX. Guess where I'm coming from (hint: house prices are crazy here). I'm in the planning stage and a l...