Hey family,I purchased a rental property in 2016 under my own name for $135,000. The home is now worth $225,000 and I plan to sell it in the next six months. My plan is to use the profit to pay off the mortgage on m...
Dear allI am close to secure my first property (Canada) and currently discussing the mortgage details my banker. He strongly reccomends (for logical reasons) a mortgage insurance.1) What's your take about about it ?...
Hey BP community! Cant express how impressed I am by the BP community! So I posted before about being a newbie real estate investor, Im very excited and cant stop thinking about my options. As of now, I am renting wit...
I’m looking at doing the multiunit apartment mentor and teaching program through 37 Parallel. The cost for the year program is $25,000. Has anyone out there taking this particular course? Did you have a good experienc...
Invest in multifamily housing and you’re likely to see a higher rate of return than stock investing with much less volatility and with greater tax benefits.
While the history of stock market returns shows us that t...
You guys were a big help in getting me into real estate with a house hack and I’m hoping you can help me brainstorm what my next move should be. I bought a duplex in McKinley Park in Chicago 6 months ago. It was a gut...
I was once told an interesting "trick" by a seasoned RE Investor. He said if you could find an investment property (say a SFH rental property) that was owned by an LLC, that you could save lots of money on the purchas...
I work full-time (60-70 hrs) week on my regular job and do real estate on the side. Like most people I'm working hard to build wealth and cash-flowing investments in real estate. In the past 18 months, I've acquired...
Hey everyone,
As 2024 comes to a close, I wanted to share my experience managing a 3-flat in the Ravenswood neighborhood of Chicago during my first year as a landlord. It’s been a wild ride—full of challenges, lesson...
Hello BPs community, thank you in advance for any thoughts shared.
I just sold a rental property which had quite a bit of equity from appreciation and principal pay down through the years. I have it all set up for a...