I recently bought 2 houses in a lower income area of Omaha, NE. I am interested in selling them via 'Contract for Deed'. I own them free and clear. I was going to set the loan payments around what normal rent would be...
Those that are furnishing STRs, where do you get your furniture? ie mattress/frame, dresser, nightstand, etc... I'm considering IKEA and will have to wait until they open back up.Also on the subject, what about sheets...
Hey BP,
I currently live in the south suburbs of Chicago near Crete, IL and own a SFR in Steger, IL on the Will County side. My taxes are not horrible approximately $3,500 a year on a 1100 sq ft 3 bed two bath.
I u...
I bought this 6-unit cinder block building back in March. Now that all of the original tenants are out, it's time to get serious about rehab. I'm having trouble imagining what its best look would be. My first inclinat...
Hi BP nation! Would like to ask for some advice on a deal in the works - 12 unit multi-family in the Tokyo area in Japan.The building is a reinforced concrete (RC) structure, which is common here due to earthquake cod...
I have a tax lien question. I own a tax lien certificate on a .25 ac strip of land that does not seem very usable except to the owners of the adjacent lots. I have paid the taxes for several years and can now apply to...
Hello BP family, question for you.So I am about to make offer on my first MF units in state of Illinois ( I am in CA) I was told that I should open LLC and have property under for tax and liability purpose.So my ques...
I am closing on another rental rehab project in Chattanooga, TN next Friday, and I could use some advice. The house is in a B class suburban neighborhood built in the 50s. The house is legally a 4/2, as a result of a...
Hi guys!So I'm a resident physician living in the Bay Area and my fiance owns a 3 BR 2 BA condo in the North Kenwood area in Chicago, a 6 unit multifamily condo building. The HOA was severely mismanaged by a self-mana...
Hello everyone!First ever post :)I'm super excited to be closing on my first rental property on Monday and wanted some advice to prepare and start this new chapter as a landlord. Looking for some feedback or advice on...