Would you purchase a property in Chicago with a non-conforming or illegal unit? What are your exit strategies if an issue comes up? What are the insurance or legal risks? Would you purchase the property valuing it wit...

I have been looking at turnkey investment companies lately for out of state investing.  One of the common themes is that there may be a discrepancy between the asking price and the appraised value(possibly higher)  So...

Hi BP team,How should a property owner's level of equity inform the structure of seller-financed offers?I love the idea of making multiple offers on a property where total offer amounts differ based on financing struc...

As the Landlord admits, he's partially to blame because he failed to conduct a background check. If he had, he probably would have learned these are habitual offenders. We used to call them thieves.https://www.wfsb.co...

This is a follow-up to my recent post about IRA audit myths. In this long sequel, I will discuss hiring audit and "IRS audit insurance."
1. DIY IRS audits.
Can you defend yourself against an IRS audit without hired ...

Hello,I’ve been searching for a real estate investor club in the Covington, Mandeville, Madisonville, Louisiana area but it looks like the only thing on BP and from what I’ve googled is in the New Orleans and Baton Ro...

Has anybody out there seen a nuts and bolts spreadsheet or calculator comparing investing in syndications versus owning a rental property over the long term?  Before I spend a week creating it, I'm hoping to get a hea...

I am an investor from Los Angeles. I have properties in Indiana that are in Indiana LLCs.My lawyer was the one who advised me to make a California LLC which will be the single  member of all my Indiana LLCs. I heard t...

Hi All!I'm planning on investing in my first multi in 2015 and seriously considering using Maverick Investor Group for this purpose. http://www.maverickinvestorgroup.com I live in NY and market I'm looking into is PA,...

I am contemplating this deal. It is bank owned rehab in Hartford CT Connecticut Asylum Hills.https://www.trulia.com/property/1045642098-314-Sar...On paper it is awesome 80K for 6 units. After rehab, you can charge 100...