Michelle Bright
Avondale, Chicago, IL - Airbnb?
Thinking about renting out the two bedroom apartment that is going to be below our owners unit in Avondale. Are y’all having luck in this area with short term rentals? The kitchen isn’t super modern but is updated and...
Robbie Williams
Need investment advice on first rental property
I refinanced my house and pulled out 30k in cash to invest. Originally I thought I'd be able to get two houses in a few areas I'm looking. But now I'm not so sure. I still have about 200k in equity in my house and cou...
David S.
Construction Progress Payments and Need for Holdbacks/Retainage
I am about to enter a construction contract that should take about 4-6 weeks. For the sake of argument, let’s say the contract is for $100,000. The contractor’s proposed contract plans for four progress payments...on ...
James M.
Two Properties, Two Goals. Is Making A Deal Possible?
So, I have two friends that are looking to sell their home. Now, let me preface this by saying I am not looking to buy their home unless I meet their goals and my goals at the same time. Ultimately, its important for ...
Shawn C.
New member Philadelphia PA Looking for guidance
Hello my name is Shawn I'm a Philadelphia carpenter looking to purchase homes in or around Philadelphia area. I'm fairly young and have little understanding of how these processes work. I read a lot about people buyin...
Owen Dashner
Having RE License when Dealing Directly with Motivated Sellers
I know there are a thousand threads out there about whether or not investors should or shouldn't get a RE license, but it seems like most of them are related to the investor buying MLS properties. I would like to hea...
James Peters
Pulling a permit on a property with a tax lien?
I am in the midst of cleaning up a mess from a property I inherited. There is a tax lien on the property that I am working on cleaning up. Since there is a lien on the property it is still showing up in my Grandmoth...
Account Closed
Marketing a single condo
I'm looking at buying a condo or apartment for college student instead of throwing money down the drain for dorm or rent. When he's done with it, is it difficult to market a single unit and compete with the complexes ...
Jake Thompson
When Did You Stop Doing It Yourself and Start Hiring Out?
I'm not sure what category to post this question so I figured this would be a safe bet.When did you make the switch from doing everything yourself to hiring out repair work and rehabs? What was the reason for choosin...
Jon Gorham
Investing in syndications using an LLC
I am living overseas (in Japan) and I would like to invest as an LP in multifamily syndications using an LLC in the US in order to avoid paying taxes to the Japanese government on distributions from said syndications....