Jerry N.
Cook county affordable tax credit
Hello, Any private owners on here have personal experience with renovation spend and then qualifying for IHDA tax credits? This is in Cook County, not the city, but it doesn't seem like there is an Illinois specific...
Jay Chin
First Home - Multifamily or Single Family?
Hi all, so I'm very new to real estate, and currently my situation is to either buy a multifamily and househack (300-400k) or a single family (<300k). Currently my loan officer (and friend) is saying that the marke...
Brooks Gagnon
Take Profits or Keep Holding?
Hey everyone. Looking for some opinions. I have 2 duplexes and a 4 family. Owned them for 7-12 years, all cash flowing really well, and have 3-4x equity in each. I'm trying to decide if I should sell some/all/none. My...
Justin Young
Use inlaws home for a refi to start REI strategy? Need help
Aloha BP!I've been trying to think of ways to finance deals after cash reserves are depleted so that I can scale this business up and acquire more investment properties to supplement my family's expenses for years to ...
Jake Thompson
Pay Off Debt or BRRRR?
Hey BP community, my wife and I are trying to make a decision about how to best deploy our savings. We have about $25,000 in liquid savings, which is enough for us to buy a single family BRRRR deal in our target marke...
Katie Caldwell
Multi-Unit Opportunity - Money Pit or Gold Mine?
Hi Everyone,(LONG POST WARNING :: LOTS OF THOUGHTS) I came across an opportunity to purchase a multi-unit building for an amazing price. It was one of those "this is way too good to be true" situations and figured I n...
Jonathan Blandino
Becoming a Mortgage Broker question
I recently attended my first Flippers event and met a bunch of great people. I spoke with one person who told me to look into becoming a Mortgage Broker. I did some research and interested in a switch career wise. My ...
Carlos Ptriawan
Biggerpockets and AI
Hi Boss,I don't know whether you have think about it or no. But it's good if BP started to have its own AI LLM feature. I've used AI that uses Reditt for forum conservation and it's the best.BP has the most very insig...
Sean Cupertino
Is it financially feasible to rent my house out? (Ft. Lauderdale)
I posted my introduction on another thread (http://www.biggerpockets.com/forums/55/topics/227341-new-from-south-florida-ft-lauderdale-b4-in-nj-union-county?page=1#p1506081) and thanks for all who replied. My employer ...
Sharad M.
How do you calculate IRR on a rental property?
Do you assume that you will sell the property after owning it for certain number of years?
Let's say you buy a property with initial cash investment of $50,000 and annual cash flow is $10,000. Now you have no plans t...