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23 December 2024 | 0 replies
I also realized that I don't have to pay any utilities at all with single family homes.
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2 January 2025 | 11 replies
Luckily, I did not include this unit in my underwriting when purchasing, so the survival of this property is not contingent on this situation.Continuing to optimize for management of the building when I move out, like moving everyone to online rent payments or adding remote accessible security cameras.Exploring opportunities to expand my portfolio—I've begun my hunt for my next 3 to 4-unit building to house hack, ideally in Lake View, North Center, or Ravenswood.This year taught me that real estate investing isn’t easy, but it’s undoubtedly worth it.
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24 December 2024 | 14 replies
I’d love your insights on how best to utilize my LLC in this process.
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26 December 2024 | 3 replies
You can also start exploring a house hack to utilize the lower DP
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24 December 2024 | 7 replies
For the LTR, we used(took off market yesterday while trying to decide on the said topic) market it at $2050 with concession of $1000 with all utilities paid for by the tenant.
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21 December 2024 | 8 replies
To pull this off, you may want to use social media platforms to find your next great deal.But how do you utilize these platforms to find real estate sellers who are motivated to work with you?
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26 December 2024 | 1 reply
So, this whole "you must live in the property for 1 year" claim that we see online seems to be completely baseless.
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21 December 2024 | 12 replies
It's cool to know how to use tools to a do analysis but it has to be utilized properly.I have seen several flippers who have read Rich Dad Poor Dad; had every Performa, chart, analysis package, market analysis reports, cost benefit analysis, work break down structures, IMS and much more and botched every project.
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27 December 2024 | 13 replies
Building a network here can open doors to partnerships, mentorships, and local insights.3.Explore the Blogs and Podcasts: BiggerPockets has tons of content—blogs, podcasts, webinars—that cover everything from beginner strategies to advanced investment tactics.4.Utilize the Deal Analysis Tools: If you’re considering an investment, the deal analysis calculators are invaluable for running numbers and understanding potential returns.5.Set Clear Goals: Define what you want to achieve, whether it’s learning a specific strategy or connecting with certain types of investors.
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6 January 2025 | 28 replies
Why would you pay down a 7% interest rate when you can utilize the extra payments towards actively investing in other opportunities that can provide a higher return, e.g. actively investing in real estate.