Investment Info:Small multi-family (2-4 units) buy & hold investment.
Purchase price: $246,000 Cash invested: $20,0002 flat on the South Side of Chicago.What made you interested in investing in this type o...
Does anyone here have experience on the receiving end of these? Is it reasonable, customary, advised, or none of the above to allow a tenant to move-in based on the promise letter alone? Or should I wait for the check...
I'm a 1st time OOS investor. The Property Manager now says will do all duties (including getting the property rented /maintenance calls etc) except rent collection & tax deposit. AND so will not charge ANY monthly...
Hi all, Question. My first time using a Hard Money loan within my LLC. I have been paying interest payments for a little over a year, total roughly about $14k . Does borrower usually receive a 1098 for income tax fil...
I have a small business with an SBA loan that has both of my rental properties as collateral. They have tons of equity but I cannot do a tradition refinance because of the lien. Can hard money and private lenders such...
Hey everyone,How much does a deck addition increase the value of a house? Would it be better to build one myself - it doesnt seem too difficult - or have a contractor do it? Thanks for any info on this.-Nate
We have been looking for ways to invest assets to build long term wealth and income. Have been investing in stocks and employer sponsored 401's and not impressed with performance and long term prospects if we maintain...
My wife and I both have W2 jobs. We are currently in the process of refinancing our rental properties. After we refinance, the mortgage and deeds will be in one of our individual names (versus formerly in both), but ...
Pretty self-explanatory. Is life insurance something I should get or should skip? I've heard people be adamant about getting it and I've heard others say it's a scam that you don't need. Thanks for any tidbits of info!
I am about to purchase my first rental home. I do plan to purchase more in the future. My question is, when starting this, do I buy personally or start a LLC? Commercial loan rates are higher than personal, however I ...