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I'm a new investor looking to acquire 2-4 flats in Chicago's northwest neighborhoods. I'm looking for value add properties in which I can adopt the BRRRR method and try to pull as much of my initial investment out of...
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I want to use my Roth 401K money to invest in a real estate purchase. Can you recommend a custodian either by reputation or from personal experience. Thanks!
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I am curious to know what more experienced investors think about building a duplex for my first rental property. I have looked at my areas market and there are very few duplex’s in my area and the few that are in my a...
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as frustrating as this is. it really brings up an interesting question when the owner doesn't get a share of the late fee.say the rent is $100 and the late fee is $10. in january the tenant is late but pays $100 rent....
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This is my first short sale and I've been working on this short sale for a while now and finally got the "Approval to Participate". Originally, Wells Fargo told me that the sale contract was a part of the short sale p...
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Hello all-I am new to investing but not so new to projects, flips and rehabs. I have a background in rehabbing homes for investors out of town (ran a small company a few year back). I am thinking more and more that I ...
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Hello BP,
I listed my townhouse last weeks and with in two days all cash offer for full price with a 15 day closing! Close date is the 25th!
Now comes the first world problems of taxes! I lived in the house for 573...
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I'm at the point where I'm ready to invest in something & these 2 options are appealing to me. Which do YOU prefer & why?
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We are planning on selling a SFH rental this year. We have a ton of equity in the property so I am trying to learn about 1031s.
Here’s what I calculated using rounded numbers:
Cost 150
Cap impr 70
Depr 105
Basis 11...
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Hi BP family, thank you for taking a few minutes to read this post. I cant express enough my gratitude and appreciation of the openness and transparency and value these forums offer from folks like you who’ve been the...