All Forum Posts by: Katelin Eberhard

Have a tenant who is not on a lease and was not on a lease before COVID19, hasn't paid since January. I have asked her to fill out a lease application and she refuses to, she all of a sudden has all 3 months of rent but still refuses to fill out rental application. I have not taken any payment from her either.. How do I proceed as I do dot want her as a tenant.

Will county illinois

@Jennifer Pauyo I'm new at this but I'm here! South suburbs of Chicago

I currently have 2 properties and own my own business in the service industry looking to make more passive income and expand my portfolio. I would love to learn from someone who is a success story! We all have a story, what's yours?

Mine is this wasn't something I planned but definitely might be my future!

Looking for some assistance to buy a investment property.

We are looking to expand our portfolio and just bought a property in October

Not many where available at the time. I was also on a tight timeline and the few options would go through quickly enough

Investment Info:

Single-family residence buy & hold investment.

Small house that was well maintained

What made you interested in investing in this type of deal?

I saw the property listed and it was great price and needed no work

How did you find this deal and how did you negotiate it?

Found deal through Redfin, I used a realtor to negotiate the deal

How did you finance this deal?

10% down conventional loan

What was the outcome?

I Rented it out before I made my first mortgage payment!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I worked with a realtor and her team of people

Investment Info:

Single-family residence buy & hold investment.

I bought this property to live in since it was cheaper to own than rent in the area. I made some minor updates and then rented it out.

What made you interested in investing in this type of deal?

I wanted to own my own home and it was in my price range

How did you find this deal and how did you negotiate it?

I had a real estate agent that helped me found the property and she actually convinced me to buy it.

How did you finance this deal?

10% doen, conventional loan

How did you add value to the deal?

I updated the floor, fencing, All appliances and added Central Heating and Air Conditioning

What was the outcome?

I had such good luck that I bought a second property and I am renting that one out as well

Lessons learned? Challenges?

I need to be more open to opportunities

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I had an excellent agent who had an amazing team behind her that got both deal done for me