Jeff M.
Unbelievable tax rates are killing my cash flow. Hold or sell?
Hi. I would like your advice on one of my three rental properties.I purchased this SFH in Cook County, IL., in 2018. I paid 168,000 and put 25% down. Over the past three years, I have raised rent to 2,300 (It's Sectio...
Tony Schober
Special Clauses to put in Lease
After reading through the landlord forum and taking notes, I have a list of recommended clauses to put into leases. Some were just copy and pasted, so there is some added "commentary" to them. Some of them are also go...
Amador Abreu
Potentially dangerous eviction - Seeking Advice
Dear Community,
I recently purchased a house at auction in Tacoma, WA. The property includes a small house with a detached garage, offering significant potential. However, a challenging situation has arisen: the prev...
Jennifer Dargento
Realistic beginner strategy? (Las Vegas)
If I set a goal to house hack for my first BRRRR property using either 203k loan and/or small multi-family (duplex, triplex or quad) in a B class neighborhood in Las Vegas in 2024, would you say this goal is realistic...
Danielle Dickens
To LLC or Not to LLC
Hello!
I recently purchased my first duplex in Minnesota. There is a lot of discussion around creating an LLC or not and thought I would just create my own thread in hopes to grab a few opinions and or re-post's of ...
Vincent Coney
Wholesaler newbie question
I have potential wholesale deal on the table. Its a multi unit that was appraised at 106k and me and my partner got her down to 82k. We have a potential buyer lined up that is willing to take off our hands between 88-...
Joe Capobianco
is "every house is a deal at a certain price" true?
in the latest podcast I've listened too and webinar i watched i remember hearing the quote that "every house is a deal at a certain price" and i have a few questions about this quote.i'm not sure if i am overthinking ...
Marcin Chojnacki
FIX AND FLIP COMPLETED, GREAT NUMBERS, CHECK IT OUT!
Palos Hills ILPurchase Price: $177,351Renovations: $53,000Sales Price: $315,000 (305,500 net to seller).PROFIT: OVER $60,000!
Jeff Kehl
Capex vs Opex when looking at a T12
I've been thinking about making the jump to larger apartment complexes and reviewing a lot of T12s to understand them. One thing I find very misleading is that they seem to throw a lot of things into Capex, the 9400 s...
Ryne V.
Self employed loans?
Hello fellow BP'ers,
Both my partner and I are self employed in the horse racing business. We can't provide any W2's or a proof of monthly income due to the fact that our earnings are based of off race outcomes...