Multifamily Investing

Biden’s Proposed Tax Changes: What Investors Should Know

Biden’s Proposed Tax Changes: What Investors Should Know   This is a repeat of an article from Amanda Han – A CPA specializing in Tax Strategies Many of you have been anxiously awaiting this information for several months, and it is finally here. We now have more insight into what the proposed tax policies and…

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Black Knight Says 1.45 Million Mortgages Remain Seriously Past Due

The national delinquency rate saw a 5% reduction in July and at 4.14% is now down by nearly half since May of last year Delinquencies have now improved in 12 of the last 14 months, with the two monthly increases being calendar-related as opposed to being indicative of worsening performance While overall delinquency volumes continue…

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Should You Diversify Your Portfolio With Housing Stocks?

This is a reprint of a Bigger Pocket Post from Matt Mayre Finding a good deal in the current real estate market can be pretty difficult. Prices are maxed out in most markets and sellers are getting bombarded by offers, many of which are above asking. The science of investing tells us that buying near…

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Pilot Accessory Dwelling Units (ADU) Ordinance Approved

Accessory Dwelling Unit Ordinance (ADU) Approved An Accessory Dwelling Unit  or ADU is a legal and regulatory term for a secondary house or apartment that shares the building lot of a larger, primary house. An ADU can be a tiny house in the backyard, a coach house, a granny flat, a build-out space in the…

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I Need to build a team !!!!!! HELP

I Need to build a team !!!!!! [email protected] an Investor From London England on Bigger Pockets asks:  On a recent Bigger Pocket Post Jason from London England asked for help to build a team for his first investments. Here’s our response to his question. @Jaloan asked: How do I go about building my team of a Lender,…

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Judge Vacates CDC’s Eviction Ban, But Appeal Delays Action

Judge Vacates CDC’s Eviction Ban A U.S. District Court judge for the District of Columbia ruled Wednesday that the Centers for Disease Control and Prevention’s nationwide eviction moratorium is unlawful, striking down the ban and delivering relief to housing providers who haven’t been able to collect rent from struggling tenants for more than a year. But the…

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How Student Loans Impact Your Credit Profile- Need Help?

Student Loans Impact on Your Credit Student Loans- There are a lot of people out there who receive tremendous benefits from student loan assistance. This doesn’t include the 30% of people who obtain one only to drop out of school early, or for our 300,000 waiters and waitresses that have a Bachelor’s degree. It’s certainly…

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What is a 1031 Exchange

What is a 1031 exchange? If a landlord decides to sell a rental property at some point, they will need to pay taxes on that gain. Now, this might not be a big deal if the property was a terrible investment or the investor had some bad luck and doesn’t have any financial gain. But…

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Cook County RTLO- Who is Excluded

RTLO (Residential Tenant Landlord Ordinance) On January 28, 2021, the Cook County Commissioners passed the Residential Tenant Landlord Ordinance (RTLO) that covers all of Cook County. The ordinance does exclude Chicago which is governed under the Chicago Residential Landlord Tenant Ordinance(CRLTO). Oak Park, Evanston, and Mt Prospect are also excluded because they already have their…

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