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A lot of people here call themselves real estate investors and most are but, can we be honest for a moment? If you haven't actually done a deal you are not yet a real estate investor. At this point you have aspir...
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What says the group? I am about to close on a 6 plex. This is my first multi family. It's a great cap rate, good income, there's a maintenance guy already in place that wants to accept work, so overall, I feel like it...
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Hi, I am looking to purchase more property (currently have 3 units), but I am at a point where I need to decide whether to put the properties in my own name or my LLC for tax benefits / perspective. Here is my current...
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I just purchased my 4th rental property, and currently own all properties under my own name...no LLC. I know there are different schools of thought on how to structure the business. Does anyone know a fair, reasonab...
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I was hoodwinked by a guest with what I now presume was a fraudulent photo & home city - she had 4 positive reviews too!
Long story short... I live in a unit attached to my Airbnb. I could smell the weed through ...
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Hi guys,Rookie investor here. I was wondering if there is a risk in taking over from property management and having a new lease agreement with the tenant. The property is on my name and that would mean the landlord se...
Hello, looking for insights on a proposal received from a commercial mortgage broker. The loan is for a multi-family apartment building. The proposal I received has the following facts:Total fee is between 2.1% and 2....
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Anyone ever deal with an oil tank buried underground? Should I walk away from this deal? The sellers agent said it’s been cleaned out. I have never heard about this.
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One of the main selling points of my Airbnb is the outdoor fire pit. My question is this: Firewood is expensive. How do I provide wood to customers? Do my cleaners set out a specified amount according to length of sta...
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Due to passing of family member, I own a Bungalow in the Auburn Gresham District of Chicago. The house needs a lot of work. It still has a steam boiler, heating radiators, no upgrades to kitchen and bathrooms. Hard...