All Forum Posts by: Vicente Hernandez

As a young millennial, I have slowly turned the corner towards a nomadic lifestyle. I have enjoyed living in different parts of my city every year, and many of my friends are in the same boat. House hacking is still very tricky and you need of capital to make a move but I do agree I have seen more people my age use the BRRR method. I like renting but if HH is my way into home ownership might just hive it a try.

Like the others have said if the lease explicitly says to take care of the yard area, then yes you can keep the security deposit. Trying reviewing the lease you used, many city/town ordinances already have yard keep up as a responsibility for the tenant. 

Hello Zach, Welcome to the BP community. I'm relatively new myself but I can tell you BP is a great place to start learning and built connections. I work in property management here in Chicago, so if you have any questions on property management or tenant leasing, please don't hesitate to contact me. Happy to help you out. 

Hey Rosemary, I have been a leasing agent for for a little over 3 years now here in Chicago. Furnished rentals are very hard to work with in my opinion. The tenant pool is definitely cut to a fraction and many applicants you can find all have different lease time frames. Personally finding international college students or traveling medical professionals was my go to. Chicago is a very healthcare friendly city so finding traveling nurses wasn't hard. In your case maybe contacting an agent that has connections with the universities may help. 

Hey Erick, amazing breakdown. I was lucky I found this post. I had similar questions for a client of mine who is looking into splitting his water usage amount 2 units. Thanks for this! 

Hey @Robin Simon, very informative article. I want to learn more on DSCR Loans, do you recommend anyone BP that works with these type of loans that can give me a synopsis. Or if you're you're familiar would love to hear more.

 Thank Dave, would love some more info on this! 

Hey Louisa, thats amazing! would love to hear how you got started and become an investor. I'm currently an agent here in Chicago and would love some insight on how you got started. 

Hello Aden, I was a leasing agent in Chicago for over 3 years, I now currently work in the property management. However many of my agent friends started off similar to me in leasing and slowly transitioned to sales. Many of them found great success after their 1-2 years because many of those clients who were leasing ended up converting to homeowners a few years down the line. Just from experience if you want to use your license a bit more, look into leasing. Pay can be great and it builds your referral network as well. 

Hey Alex! Welcome to BP. The forums here ar every informative and the other members are extremely knowledgeable. I myself have only been here a few weeks but have learned a lot and made great connections. I work in property management, so please don't hesitate to ask any questions pertaining to that field. Wishing you luck on your new career journey.