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I'm new to REI and am looking at a couple of different angles. I'm working with a friend partner so we can find a couple of deals to get our feet wet. We are in Illinois. He has proposed the following:
Distressed hom...
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I have a property I want to 1031 exchange. I paid 100k and it is now worth 200k. It is completely paid off and I want to buy a few properties with leverage. Do I need to use the full 200k or only the 100k profits?
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My wife and I have been approached by her parents about purchasing the house that she grew up in and that we live in currently. The property itself has an older two family building on the lot and then a newer duplex...
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Hello all,I am somewhat of an intermediate investor in the Missouri market and I am in the process of moving to Nashville area. I am looking to find a property in the Nashville TN area that I can house hack. The close...
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In Northern NJ the real estate taxes are quite high so was wondering if the 50% rule makes sense in this case or should we separate out the real estate taxes separately when doing analysis? For example saw a 3 family...
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I'm about to close on a 4 unit multi family in Houston, TX 77016. I'm focused mainly on LTR but I just had an idea to rent out one of the units as an AirBnB and the remaining 3 units as LTR. I just asked my future P...
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Hello Fellow BP friends,I am looking to buy a MFH as a primary residence in Jacksonville FL, and was looking at the possibility of doing STR with the remaining units on the property. Anyone currently in that situation...
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The capitalization rate, or cap rate, is an invaluable metric that quantifies the expected rate of return on commercial investment properties, like apartment buildings. Real estate investors rely on cap rates to analy...
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I've encountered a property owner who has a duplex with over $1 million in tax liens (state and county) placed on it. The liens originated from prior failed business venture. The property ARV is ~$500,000. I'm inter...
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It's time to start a new LLC for my rental properties. I'm trying to come up with something funny, maybe a big pun. So far I have come up with pretty stupid stuff. My favorite so far is.....Wait for it....El El S...