Hi BP Community: I may need to consult with an attorney on this, but I was informed by a property manager that collecting rent in advance (ie 3 months, 6 months, etc..) could pose a problem for Landlords in Chicago d...
Currently i'm on a buy and SELL mode. not a buy/hold mode of investing. I recently closed on my 4th sale in my portfolio. I'm not a believer of "buy/hold" forever and after reading the 80/20 principle, Sales and ...
Since I'm not an experienced investor to provide indepth articles about real estate investing, IMO until I close my first deal, I figure I post opportunities that I come across as a way to contribute and create conver...
So in 2013 I was able to buy the house I was renting for 32k cash. Today, working on buying another property. Wanted to go FHA with this one, but might possibly need POA to sign at closing due to the possibility of be...
I have a former primary residence I want to convert into a rental. We would like to have the property to an LLC for liability purposes and then have the LLC owned by our Family Trust for Estate Planning purposes. Howe...
Hi Everyone,
I am new in real estate, purchasing my very first investment property. My partner and I are under contract to buy a SFH in Fishtown, Pennsylvania. The house is build in 1875. The inspection showed mo...
Please anyone with experience of buying foreclosures could you help with advice in this situation?I bought SFH in March at foreclosure auction and got certificate of title on this property. Several days ago I started ...
Does anyone do cost segregation for SFRs and rental properties? I’m trying to learn how to do this, especially since I’m in the 37% tax bracket. Any advice and direction is greatly appreciated! Thanks!
Hi all,I just wanted to get your opinions on flipping to grow faster vs holding . This year I've really doubled down on investing and have about 7 rehabs I'm currently doing. Three of them are flips, while the others ...
Hey there everybody. I'm trying to come up with money so I can put some "skin in the game" for a first real estate investment. My current income is spoken for being that it goes to family expenses. I know private ...