Hi all. Just wondered if you could provide feedback on a deal I'm working on. The details are as follows:

No of Units: 4
Purchase Price: 120,000
Monthly Rent: $1800
Monthly Expenses: $1100
(I know...not a great dea...

Hi all! I decided to try and start for my first property.  My Uncle introduced me to a contractor he used to work with yesterday who buys cheap houses on the south and west side of Chicago and flips them or rents them...

Hey Guys,I wanted to post a win here and see what other people thought. A couple years ago I had bought a property in the Chicago area. It was meant to be a flip and connected myself with a broker. We ended up purchas...

Hi everyone. Longtime lurker here ;-). Love this community though, and all the resources BP shares.I was curious if anyone has ever used a PM company called Suite Properties out of Detroit. I purchased 2 turnkeys from...

Good morning BP Family!Are you using the 50% rule for multi-units, 5 to 15 units, for expenses? I'm noticing that heating and hot water in places like Pennsylvania, New Jersey, New York, Chicago, Ohio, are a large par...

I borrowed $141k hard money at 7% interest-only and escrowed ~$10k with them for repair costs (not sure if that matters). My monthly payment on the hard money is $822.I'm now trying to refinance into a conventional mo...

I am looking at a sub2 deal with the following details:1) Motivated seller that understands sub2 deals2) 1st mortgage with rate of 2.75% 30 year ARM (loan is current)3) 2nd mortgage (originally a HELOC) has been in de...

We recently closed on our first rental property and I'm trying to keep everything organized for our tax professional next January.  Which of the following can be written off?  1. Pre-purchase - Home inspection and app...

I am looking to buy 3 cash flow positive properties over the course of the next 2-3 years for retirement.

I own a house that has a good bit of equity, so I wanted to try to use that to get these properties, but need...

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Rookie here! trying to find my first deal! SO ready to buy our first investment property but need more info. Learning how to read these reports and determine how good of a deal or bad. What are the best i...