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How many properties does a person need to hold to justificy 750 hours? For example if you own a two family house and rent both units it would be hard to justify that you worked 750 hours to maintain this. IRS does not...
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I have spent the last few months digging into different aspects of RE investing. One of the best questions I have heard asked is what is your why? Why are you doing what your doing, or what was the motivation that got...
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Just wanted to get opinions on how people approach investing in low income areas. I've heard people who have done very well investing in these areas and others who tell you say don't even consider it. My current pr...
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Hey! I'd love to discuss the Chicago economy, and how it is going to effect the real estate market. I believe we are in a period of slow national growth for the next couple years, but that doesn't mean certain areas...
Hi, my name is Justin. Overall I am a very healthy man, I work out every day, but there is one thing that is my kryptonite and that is BS. I am new to the whole real estate investing world (as of now I am working on m...
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Hello BP!Allow me to reintroduce myself. My name is Christopher Malone, and I am a new investor in Chicago, IL. I have been a member of BP for a few months now, and from the time I made my first post, I have learned a...
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I’m starting to doubt my c class rentals. I met someone who finances all of her rentals and I guess I kinda got caught up in what she was talking about. I buy my properties cash 40k or less since my financing options ...
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I see no compelling evidence that buy and hold forever can produce real returns on capital north of what can be had in equities markets with very few exceptions. Please try to poke holes in my arguments below. Id love...
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Just read a thread where a landlord said that his instruction to his tenant screening company was to automatically disqualify anyone with a felony.
HUD has this guideline in public housing. In some cases it...
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Hello BP community!I recently purchased my very first property — a condo for myself to live in (1 bed 1 bath) in LA (Culver City, for those familiar with the area)! I'm very excited, because now I get to start buildin...