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My wife and I have been working on the first unit renovation of a fourplex in a B-ish class area. There is a lot of development around and we definitely are producing a unit much higher than the typical in our area, b...
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Hey everyone,In the last year I have completed my first 2 deals and now have 5 units total (living in one).In the last 2 years I have immersed myself in books, podcasts and this forum and have gained a lot of knowledg...
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Hi all,New to the forum and getting close to making my first rental investment and I'd like to be sure I'm thinking all of this through properly, so any feedback, tips, advice would be greatly appreciated! A little ba...
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Hey everybody. Going to ask you to get our your crystal balls for this one but what do you think will be the best strategy for investing in 2021? I’m going to have about 50k in capital and searching for that first dea...
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I've been reading a lot of books and blogs on real estate investing as well as listening to the BP podcasts. I'm amazed at how much I keep learning. As you look back at your real estate investing journey, what do you ...
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Hi everyone, I wanted to get your thoughts on house hacking in an expensive market (Chicago) where it isn’t easy to live for free. Please let me know your thoughts between the two options:1) Buy a smaller duplex with ...
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I have been asked to manage a property for someone that is moving out of state. I was approaced by him because I have two rentals that are in the same neiborhood of his. I manage my own properties but was wanting to ...
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After screening prospective tenants and making a selection, am I obligated to let the applicants who did NOT get approved know why they didn't make it? Not sure if it's best to "say nothing"....be vague....or tell th...
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I called my tax advisor to ask how to use my business credit card. She is my wife's aunt and is not a CPA, but has being preparing taxes for the whole family for years and for other people, including some LLCs. I was...
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Hi guys,
I'm making my way towards my first deal.I live in Israel, and while there are people that feel that good deals can be found, the public opinion is that the local market is too expensive and lots of people e...