So I just finished rehabbing my duplex and have tenants in the property. For the most part, the rehab went pretty smooth, can’t complain. They house is owned Under an LLC where I am the only owner. This was intended t...
Just saw this article and scratching my head why I wasn't presented with this as an option for capital gains by my CPA. Is this something brand new? Can funds be invested retroactively in opportunity zones?http://www....
The City of Chicago has recently streamlined its financial incentive programs for economic development within city limits. Historically, navigating the funding landscape was complex with differing program specific fun...
I apologize for anyone who falls into this category but I need to discuss this because it's a pet peeve that bothers me so much!
The Truth about Gmail, Hotmail, and Yahhooo accounts!
I'm tired of receiving e-mails f...
Hello BiggerPockets!This forum (along with all the podcasts and books) made it possible for me to start my journey into REI. I did about 18 months worth of educating myself/ procrastinating, but it has now been 3 mont...
Bit of a wild situation here, at least to me and my lender; maybe it is more common than we think, not sure honestly. Anyways, on my latest project, the title came back yesterday and revealed two extra parcels of land...
I used to think that most investors purchasing mortgage notes were clueless as to the mechanics of how it worked. I now see that lack of knowledge is nothing compared to the cluelessness of investors who purchase tax...
When I am doing my calculations to see how a property may cash flow why do we only calculate the property management fee at 7-10% when in reality most property management companies charge a leasing fee of 75-100% of f...
I previously posted a different deal. This is a lower priced one. Below is a snapshot.
[b]Ratio Information
Loan to Value 80%
Cashflow / Initial Investment 8%
Cashflow / Assets 2%
CAP Rate 6%
TOTAL OPE...
I'm in the process of looking for a new insurance company. I've been wanting to do this for some time now...but the final straw was today. I'm closing on a rental tmrw that I'm paying 16k for...after minor rehab, I'...