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Updated almost 7 years ago on . Most recent reply

Denise Cazares's profile image
Denise Cazares's profile image
Denise Cazares
  • from Chicago, Illinois
  • Member since Dec 12, 2017
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Denise Cazares's profile image
Denise Cazares's profile image
Denise Cazares
  • from Chicago, Illinois
  • Member since Dec 12, 2017
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Denise Cazares
  • Chicago, IL
2
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7
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Starting Out

How to correctly analysis the numbers?

Denise Cazares
  • Chicago, IL
Posted
Hey BP members. I am a new investor in the Chicago market. My question is about how to do a correct property analysis. I see properties on the mls that are listed as 2 flats. Everyone in Chicago knows that most two flats may also have a basement or an attic or both. Sometimes one if not both maybe rented out. Do you put that rent into the analysis, knowing that these units may not be legal?
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