Hey All,My husband and I are Newbies to the RE Investment world, and we have lots of questions that we know you all can answer :)We are in the process of closing on an unoccupied 4-plex with an occupied apartment in b...
Hi everyone! New to real estate, I’ve lived in Chicago for the past 3 years working in the medical field and plan to get my start with a multi-family house hack within the next 5 months. I've been primarily working on...
Hello, I just joined. I am Dave E. from the chicagoland, IL area. I am 25 and after reading about 15 books so far on real estate I am convinced that RE is for me and will help me acheive my goal of becoming financial...
So I recently had my only tenant give notice, and am about to start the search for a new one. Just wanted to poll BP for what minimum FICO scores you require for applicants, I know this can be area specific, the prope...
Hi,
This might be a real rookie question, but here it goes.
If I just bought my first house a few months ago before I knew the slightest thing about RE (not that I know much now either), and put down th...
I have been looking at multifamily a lot and ran into a 4plex property with a goos cash flow statement that was a slam dunk it seemed, but each unit was 1bed 1bath. Is it hard to find long-term tenant for this? Or am ...
I have a flip that is about a week from being finished, and now I’m afraid I’m stuck with it. Are there still buyers writing offers? I am in western Michigan. My fear is if I ride this out a few months, even if thin...
Hi all,
Wanted to pose an interesting question for feedback:
Is there anything in IRS section 121 that speaks to the impact on holding periods when there is an increase in ownership interest in the context of a prop...
Hello, a business partner and I are looking to start a real estate investment club that focuses on bringing undervalued properties up to par and then either renting them out or flipping them. We would like this to eve...
Hi everyone, my name is Richard Spears. I'm 30 years of age and I'm starting my journey of real estate investing. My current role in Real Estate is Landlord / Real Estate Licensee ( Currently in search of a Broker )