My mom is turning 90 this month and is no longer interested in a 7 unit building. I want to take it over but the capital gains would be 50k. Upon her death it passes without CG and transfers with a $0 basis. I want t...
Good morning guys! I have a few questions about my next step(s) so I’m hoping I can get a little advice. I’m from Chicago and will be investing in the Chicago market. I am only interested in multi-family. I have an in...
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Hey BP,Recently I came across a great deal on a condo in Baton Rouge. A friend of mine that I graduated high school with is selling a condo that his family has held since 2006. It rents between 950-1100/mo and has onl...
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Do you prefer to work with large or small property management companies? Why?
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Hi all,Tell me if this is a good idea or not:There are multi-family properties I'm interested in buying, but I don't have enough cash to cover the down payment + fees without wiping out.I was thinking of taking out a ...
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I've been reading some threads about rehabbers and land lords negotiating the best deals with the big box stores. What are some of your strategies with getting the best deals at Home Depot, Lowes, Menards, Ace Hardwar...
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New to flipping... Hello, here is my situation in as concise as possible. I am 46 years old with wife and 4 teenage kids. Left my previous job as school administrator due to medical leave of absence for the duration o...
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Hello,I was hoping someone may help me with this question. My brother and I own a house and he wants his name off the deed and to only have my name on it ,so we are going to do the quit claim deed since there are no m...