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My partner @Jonathan West and I have found an off-market four family that we are interested in purchasing from a seasoned investor. This property is in a great location and the numbers work out based on our conservati...
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While I am looking for my first deal, my broker brought this property to my attention. First look at the property, I thought it was a smoking deal, however after walking through the house and meat the renters, I am he...
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So we’re relocating out of state and will keep our 4 unit property here in king county. We don’t want to do property management as it will eat most of our cash flow along with taxes. So I want to know of any ideas on ...
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Hello,After working 10+ years in corporate america, I find myself longing for another lifestyle. Real estate is fascinating to me. I have been lurking the forums for a while now and reading everything I can get my han...
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Looking for some solid ideas for a win-win situation. In 2012 I bought my first home while engaged. We paid market value and did some minor work (diy kitchen reno, converted bedroom to formal dining, new flooring in ...
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So I recently heard a 15+ year veteran in the Wholesaling game say that you should never go see a house unless you have it under contract. It reminded me of the first investment seminar that I ever attended, and the p...
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BP Community--Happy Thanksgiving!I am about to close on a property in Chicago (in two weeks). I just asked my lender if there are any issues with purchasing the property via land trust. He researched guidelines for co...
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I suspect a tenant is going to take me to court over her deposit. How long does it normally take when someone files for court until I would be severed?
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Hey BP Community,I'm a new investor on the north side of Chicago and I am in the final phases of a gut rehab of a condo unit that is my first property. Bought at $155K, $50K rehab, hoping to sell/exchange at ~$215K. I...
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Can someone please define portfolio lending for me. I am reading conflicting posts. I need to purchase several properties in a new market area to satisfy a 1031 exchange. I am retired and will not qualify for a conven...