I had 2 rental properties in Chicago (I dont live in neither). One of them became a nightmare so I sold it a few months ago. I sold it for way higher than I bought it. I have all this cash in hand and I feel IRS is go...

Hi Everyone! I have a rental property with the following details:210k loan balance $2500/month rent$6000/yr in income after PITI and costs todayIf I pay off the remaining balance on the loan, I will have over 10% cash...

Hey BP members, Does anyone have any advice on hiring a property manager? I currently manage 16 doors myself, all within a 10 minute drive from each other. (I do everything). I looked into a few property management co...

Hello folks! I'm new to this forum, and eager to gain more knowledge, as I'm on the cusp of making bigger investments. However, I'm lacking a plan to move forward. I want to share my story and get some feedback. I liv...

Hi all, brand new, zero deals, but motivated - hoping someone with more knowledge that I have can give suggestions on how I should start out in REI given my specifics. In the absence of a mentor, and getting bogged do...

I have heard of many investors filing liens on property or on friend’s property in an attempt to fend off legal challenges that would arise from someone identifying this equity. I realize that entities can be used ...

As I continue to explore and prepare to be a REI I am finding people around me being very doubtful and advising against.  The feedback is always about the headaches, constant tenant problems, constant repairs, evictio...

Hi All,I had posted about a year ago about tenants brought in by a new property manager. It seemed to take them a long time to rent the property and I had a bad feeling about these tenants from the start. This was bec...

Inspired by similar posts about turnkey companies,  I wanted to share every step of my experience with TexasTurnkeyProperties.com, which offers turnkey properties in the Houston area. I purchased one side of a duplex ...

Hi there!I'm contemplating adding a bedroom with a bathroom into my single-car garage space... nothing major, just a simple space conversion. Has ANYBODY gone through the permits process and done this? The costs from ...