So I'm in the process of trying to sell my Single Family Homes in the Midwest  (Springfield IL) in order to purchase another property here in San Diego (occupied 2-4) unit that will be around $0 cashflow at best, assu...

So I'm a little bummed out tonight. I've been looking for a home to rehab and I found the perfect house for my first flip. LP is 39,900 (foreclosure) AVR= between 88k-100k. Only has cosmetic damage and i estimated abo...

This is something I hear on Dave Ramsey. I'm not sure I agree with the numbers but I agree with the general ideas.

o what do the rich do every day that the poor don’t do?

Tom Corley, on his website Rich...

Another question:I was looking at BAM Capital, they were raising money last month. In a video, I heard the GP saying that "in this fund, we are purchasing some property from a previous fund" (paraphrase).  That was cu...

I'm interested to know what net profit percentages or actual dollars everyone else is getting given last 6 months of market changes if any.

As the market seems to be improving, shadow inventory is coming on t...

Hi guys, I've been trying to understand the tax implications of different entity types. I've developed a really short, brief model of how an S-Corp would be taxed, provided that it is 100% comprised of rental properti...

The Real Deal reports that rents are collapsing in some of America's biggest cities.  The article does not specifically say this, but this is no doubt related to the fact that development has been concentrated for ten...

NOTE:  This is @Jay Hinrichs development, I am posting pics as he was having issues with his computer. To all that may be interested.. this is a 27 lot subdivision we (Jay Hinrichs) just broke ground on 10 days ago. T...

Hi everyone! I'm new to REI and am looking to do a house hack in Chicago as an entry point. I've been renting with a couple roommates in Lakeview since March 2019, and work as a management consultant in the loop (or m...

My Game PlanGood evening, BP.2019 is a month away and I’d like to share with you guys my game plan for the next 3 years. Keep in mind that this is a WIP, and perhaps if there’s someone out there who’s in a similar pos...