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Hi all,
Buying my first multi family, a fourplex in the Southside of Chicago. This is a turnkey property that will be completely renovated with brand new finishings and will be managed by the same company. It...
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hey BP community,so i found this 3/1.5 property in a pretty liquid market in north texas (denton) for $140k and i saw that there were mulitple options to acquire it. lease option, seller financing, or all cash. pretty...
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Hello,I am looking into putting an apartment under contract to wholesale to somebody else. This is my first deal and I want to make sure I can get a buyer for the apartment and If I can't within a period of time, I wa...
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What are your tax implications if you set up a LLC in your home state, but primarily buy RE in other states? Specifically for buy and hold REI. Would you owe any taxes to the state where your property is in? Or sim...
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Hey Everybody,New to this site, and to real estate in general. I'm thinking about buying and renting out my first property sometime in 2021, but wanted to see if anybody had any advice/suggestions. Mainly, which subur...
I highly doubt credit and background checks are outdated, for if anything, they are continuously competitive and streamlined hot tool commodities.Perhaps the 3X Rent = Minimum Monthly Salary qualifier is outdated?Firs...
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I been working with a real estate agent and I’ve had zero luck in finding a BRRRR property in Indianapolis.
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Hey guys, I have a fix and flip deal I am working on and I’m torn as to if I should replace the A/C. It is fully functioning but is very old.
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I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?
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I've pondered this investment for 3 or so years now, in fact one of the condos was avail in 2012 and when I called to write the check/submit my purchase contract, someone had beat me by an hour or so and lost out.Clif...