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11 January 2025 | 2 replies
Class C properties are considered the riskiest investment, but they can offer good cash-on-cash returns.
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5 February 2025 | 14 replies
You are not allowed to compound interest.If you bought the certificate from the state on a best price offer, you charge interest on your purchase price, not on the full amount of the taxes that were due, but were not paid by you when you purchased.After you obtained your tax deed, you are entitled to something called "mesne profits" if you file an ejectment lawsuit against the former owner and they redeem during that lawsuit.
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21 January 2025 | 9 replies
would love to connect and see if i can offer any help
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8 January 2025 | 13 replies
Anything less than that is either because the client never clearly understood the loan type we offer or something we did wrong.
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9 January 2025 | 6 replies
We offer a ton of different fix-and-flip programs including putting 10% down on the purchase price and funding 100% of the rehab.
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8 January 2025 | 1 reply
They will help you clear any clouds on the title and know whether you can close in "7 days" as offered to the seller.
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3 February 2025 | 31 replies
The investors I know finding properties on the MLS are making 30+ offers a week, embarassing offers, in hopes of finding 1 or 2 properties a month.Others are door knocking, cold calling, spending money on mailers to find off market properties.
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16 January 2025 | 9 replies
At $15K a year, that's just bare minimum without any of the other modules that Yardi offers.
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15 January 2025 | 10 replies
I’ve had to widen my search radius to smaller suburbs or target properties needing light cosmetic work to make the numbers work.Value-add opportunities: Adding amenities tenants love, like finished basements or upgraded kitchens, seems to justify rent premiums in this market.Navigating the competition:Be creative with financing: Seller financing or partnering with other investors has been helpful to secure deals when conventional offers didn’t cut it.Work with local agents and wholesalers: They often have their finger on the pulse of off-market opportunities, which is critical in a hot market.For those new to suburban Chicago investing, I’d say the key is finding the “sweet spot” neighborhoods—ones on the rise but not yet maxed out in price.
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12 January 2025 | 20 replies
If you ask them to write an offer, don't disappear for weeks at a time after you make the offer.