Hi all!!I think I know the answer is yes, but I want to get some input.If I profit $10k (or any amount) from rentals and invest all that into the next rental purchase to add to my portfolio, do I pay taxes on that $10...
Hey everyone I am wanting to transition my rentals over to a Property Management company. The problem is I am having difficult locating them.
The way I have been searching is opening up google maps, entering in my zi...
Hello all,We are a buy and hold investor that operates in and around Chicago. We don't typically sell our properties but we are in a scenario where we have a partner that has a life situation requiring the partner to...
Hello,We have been long time readers of the BP site and have found a wealth of information. We have a single 12 unit property which has been in the family for a while. We have taken over the business for now what is...
This a tale of a property I closed one year ago to the day, April 4, 2013. Arguably one of the most difficult properties I've ever acquired.
Property: 4600 sqft commercial building, clay tile construction w/ ...
Hi everyone! I'm new to this blog and new to the rehabbing and flipping business. I currently own 1 property, free and clear that appraises at $400k+. I want to to flip more properties but I'm not sure how to fund it....
How should repairs be estimated on a potential buy:1. Bring a general contractor with you to give an estimate before purchasing.2. Bring different contractors for each area of repair before purchasing.3. Get an inspec...
Hi BP Members,
I am in research mode on the best sponsors! Appreciate any help you can provide.
Looking for a focus on MFH or Industrial with a sponsor that has a 15 year + track record. This is critical as I am s...
The richest people in the world are those who are able to make their money work for them and grow even while they are asleep.
While there are many investment options like Stocks, Certificate of Deposits, and Bond...
About a year ago I (landlord) decided to repair a deck to one of my rental units that needed repair. I chose to do this myself with help from my father who volunteered to help. We have had a troubled relationship for ...