Patrick McCafferty
Investor making an offer on a short sale
I like this property in my area. It is subject to short sale approval and it needs a lot of work. It is on the market for $199k, down from $329k. There is an $80k Home Equity Loan in first position, then a $175k an...
Steve Barounis
Brrrr in bad neighborhoods a bad idea
Hey guys I’m absolutely brand new to all of this. Brand new to this website, investing and real estate alike. I’m a police officer in nyc and looking to get into BRRRRing to start a real estate portfolio for passive i...
Steven Calascione
First Successful Flip done!
Hi Everyone,First time posting here! Bit of a back story, I am a rather new investor and currently have (2) rental properties in my portfolio. I do work a full time 9-5 job and balancing both can be challenging. I wan...
Keegan Darby
Raising rents right away
We want to raise the prices $200 each on our duplex and via CraigsList Ads have found there is a demand. Has anyone ever bought a place then raised rents immediately on the tenants?
Vinh Tran
Houston Market - Network Building
Hello, My name is Vinh and I'm an investor located in New York. I'm thinking about expanding my business in Texas - specifically in the greater Houston area. Would love to connect and discuss the various real estate m...
Paul Cijunelis
S-corp vs LLC in Illinois
From a tax perspective, after consulting a CPA friend, these are pretty much the same. At this point I want to start up and incorporate but am unsure the legal differences.
I am forming a partnership (two people me a...
Sergio Altomare
Important changes for Craigslist Posts
For those of you who syndicate listings and post HTML ads on Craigslist, be sure to note the recent changes that kill custom HTML templates. It's unknown if this is all cities, but I know it has hit Philly. Check ...
Michael Archard
Self Performed Cost Segregation Study
I have been thinking about self-performing a cost segregation study to tap into accelerated depreciation on one of my smaller rental properties. I have seen companies offering the service for a few thousand dollars. H...
Lindsey Matejak
Multi-unit loan strategy
Hey BP! I just refinanced my primary residence to a 30yr conventional fixed rate loan. Our building is a 3-unit in Chicago--my wife and I live in one unit and rent out the other two units. We would like to buy a new m...
Steven May
Putting Properties form personal name to LLC
As I move into 2021, I plan to put my properties in LLCs - they are currently in my personal name. Yes, I know to get in touch with a local attorney based in real estate law - I plan to do so to help set up the LLCs b...