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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Chicago.
Purchase price: $525,000
Cash invested: $300,000
Sale price: $945,000
This was a family venture where each fa...
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I have a question for the BP knowledge base: my brother wants to house hack but doesn't have money for a down payment and may not qualify for the loan. I want to purchase a duplex but would rather not have to come up...
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Bought a house (our first) we’re not happy with and plan to sell before 2 years of ownership. The market is hot so we might make a profit.
How do I calculate the actual capital gains profit?
When I calculate taxes...
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Buying a 3 unit multi family in Brooklyn (Greenpoint). 3rd FL unit is vacant, 2nd FL unit has a lease good until Feb 29 2024, 1st FL unit has no lease. The seller and broker are difficult to deal with, not forthcoming...
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If im understanding the below text I cant assign the contract to another buyer without the sellers consent. should i try and push my much simpler contract or just request this one be changed so that i can assign wi...
I own 25% of a 3 apartment house, the other 75% is equally owned by three of my relatives (4 of us each own 25%). The house is fully paid for and currently is fully rented out (none of my relatives live there). The th...
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I moved four properties to an LLC from my personal name. Bank sent me a letter and said that they have purchased insurance coverage for all four properties because my insurance under the LLC is not acceptable. Said th...
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I'm planning on investing through an LLC, but I am having trouble with a business plan. I know what I WANT to do (buy, hold, and rent) but putting it into a format that is presentable, while addressing what I want to ...
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I am considering a partnership with 3 other investors where we would combine our collective resources to implement a BRRR strategy in a specific demographic area. One would be strictly a financial investor, the other...
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Hi all--I'm new to the community. I work for one of the first real estate crowdfunding platforms targeting non-accredited investors as well as accredited investors. I'd love to learn about people's experience with and...