Nayt Grochowski
Need advice on setting up a JV where I manage the funds/assets
I am working with a small group of investors and we are putting our funds together to purchase properties that we will sell with seller financing to generate cash flow. The plan is that my LLC will be managing the ass...
Dan Shelhamer
Takeaways from meeting with my accountant
The other day I met with my accountant to do some year-end planning, especially since this is my 1st year owning investment properties. A few things that I took away from this meeting are listed below, and I was just...
Dan Stelmach
Capital Gains - Best ways to reduce
Hi There,
This is my first post so thank you to anyone that can provide feedback!
I recently bought my first residential property (a condo) in the burbs just north of Chicago. I bought it off market at a great dea...
Jeremiah H.
Looking for beginer 1031 info
1031s are completely new to me. I've "googled it" and believe I have a basic understanding, but I've missed a few things. Here's a basic example, please let me know how I'm doing and where I've gone wrong. I've got $2...
Jesse Stemle
How can I avoid paying capital gains tax on my live-in flip?
Hey Everyone!
I bought an old beat up house just outside of Louisville, KY in August 2019 for $120,000 with the intentions of fixing it up while living there as I am just out of college and was looking for a place to...
Account Closed
Want to invest in Market with better cash flow
Hello, I am a new member and would like to ask a question. I currently have an investment property in Brooklyn worth 900k with a 300k loan. Rent is $3100 and after expenses I bring in $300 per month although I do pay ...
Ryan Copeland
What is the value in purchasing MF property on MLS right now?
Hello BP,I've been getting a lot of notifications from my Zillow saved search criteria for multifamily properties. All of these properties have a high sales price and I definitely would not "win on the buy". Yet the...
Roseann Koefoed
Who else is investing in south side of Chicago?
I’m selling a 3-flat on north side of Chicago (that was making about $1300/month) and looking to 1031 into 2-3 properties that will generate cash flow of at least $3k+ month. So cash flow is my main focus. And I’ve ...
Jon S.
If i buy a new house should I sell my residence or rent it out?
My house is paid off. It has a HELOC used for real estate investing. I’ve been in it for more than 10 yrs, and I recently learned that if I lived in it for 2 years I can sell it and have zero taxes on the capital gain...
Adam Best
New investor in the greater CDA area
I'm looking to see if there are any meet-ups that happen and whether or not there is the capability of joining remotely? Also looking for general resources. Are there any local agencies that offer a multitude of lease...