Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Chicago Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago,

Account Closed
  • Rental Property Investor
  • Chicago, IL
25
Votes |
77
Posts

Mortgage Payments in Illinois

Account Closed
  • Rental Property Investor
  • Chicago, IL
Posted

Like everyone else, I'm trying to make sense of everything going on right now. I really try to limit how much and where i get my information from but I keep hearing government officials encouraging tenants to not worry about rent,  paying utilities, and halting evictions.  I get it, but what about owners, like myself,  who have  to make that mortgage payments to the banks and lenders on all my real estate investments? Yes I have reserves saved but that will only cover for so long. Those reserves were meant for unexpected expenses, not for all my tenants not paying their rent for the foreseeable future. 

When I ask What to do? Im asking just that "what do to do as an Illinois home and property owner?"

Loading replies...