How many of you rehab, invest etc... in real estate full time? I have currently a full time job, have not made a deal yet and I'm wondering how most people make the jump over. Is it just leap of faith?
Needless to sa...
My wife and I bought a home in upstate New York at a county tax foreclosure sale in march/April of this year. It’s in the county that borders ours. Great neighborhood, great school district, perfect location. The land...
We've had a brutal winter in Chicago this year! Lots of snow and ice.
So a tenant in one of our building's rents an illegal basement apartment. We bought the building in Oct and inherited the tenant - I didn'...
Hi, when analyzing multifamily using the 50%rule of thumb, would the same rule apply for 800 dollar rents like 400 rents? How would that work?
I'm so thankful to be here learning from this platform. I grew up framing/building houses with my dad and family, so I have much experience in that area. I now want to get into real estate investing. I have a good ...
This is a "help me"/ post-mortem of a offer I presented to a homeowner today.
I toured her House, and they are living there, but the house is not even rent ready. They started many projects and didn't finis...
Hello everyone. I am currently presenting a situation I had not come across before and I can use some help from your wisdom and experience. My family owns a rental property in a B class neighborhood in San Diego (Whic...
hey allWondering what everyone thinks about the market going bust when the Fed EVENTUALLY and INEVITABLY hikes the rate. Id love to hear from some professionals who have been in the business for a while. Do you see ...
Good morning BP,Ive been digging in and looking for a multifamily in Columbus to start my REI journey. I was wondering about some issues to look out for in older home areas. A lot of the homes were built around 1900. ...
So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...