Will Leon
Newbie in Chicago IL
Hey all! I am a complete Real Estate newbie in the Chicago area. I have lived in Chicago for more than 30 years and recently just moved to an adjacent suburb. Since early this year, I have been absorbing books, for...
Bryan M.
Buyer Not Preforming
Hello. I've been through hell and back with my latest flip. Purchased it a year ago and went through a major renovation (added 2 bedrooms and a completely new bath for example). Come to the end of the project 2 days a...
Dina Harleth
Is it more effective to have PM rehab property or to DIY?
The property in question is a SFH, needing new flooring as a major repair and also several minor repairs such as hardware, cracked tiling. Is it more cost effective to just have a PM take care of this or do they gener...
Account Closed
Foundation Issues- Opportunity or run the other way??
I have a great deal on a house that has foundation issues. The wall is bowing on two basement walls. You can barely tell by looking at it but you can definitely see the cracks. The way we remedied this problem in the ...
Jason Morford
BRRRR Opportunity, need advice.
I have a house I am thinking about buying to BRRRR (Buy, rehab, refinance, reinvest because I want this to by my home and then I will take the remaining money and reinvest to do other properties.) So I have a few que...
Timothy Solomon
REPS status for wife (to avoid taxes associated with sale of biz)
I am about to sell my business and make a substantial amount of income from it. Does anyone have any experience with getting REPS status and immediately investing the money in real estate from the sale proceeds to avo...
Mizael Quinones
Qualified Joint Venture
Hello, BP
My wife and I decided to place our then primary residence for rent in Nov/Dec '19. Its our only rental property. We did not file for LLC or anything like that. Is it necessary to file under qualified joint ...
Collin Chan
Corona Virus and Construction Costs
Interesting thought came to mind. Lots of contractors are paid by the hour or jobs. The overall economy is slowing down. I know there is still a need for housing the Bay Area so this might not be affected but any t...
Guevara M.
Updating Rental Unit To Compete With Other Units
I have a 1 bedroom, 1 bath townhome that is only 540 square feet. It's an upstairs unit in a nice community in a good neighborhood. My tenant of the last 10 years just gave notice that she will be moving out to care f...
Marian Smith
Austin at Risk for Price Decline?
Austin Business Journal says a recent report lists Austin as the second riskiest market in the nation for a price downturn. My husband golfs with a guy who says his Austin investors are now buying Atlanta and Phoenix...