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6 January 2025 | 5 replies
The allowable rent increase is not typically the big issue with rent control, the bigger issue is getting rid of poor tenants that pay their rent.
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13 January 2025 | 4 replies
There are codes that allow for more density or at min ADUs on SFH lots now.
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8 January 2025 | 9 replies
Plus, FHA loans often allow you to buy multifamily properties with as little as 3.5% down if you live in one unit.Looking at Chicago, where you're based, I’ve noticed some interesting trends recently.
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7 January 2025 | 2 replies
In the event your property does not sell, pivoting to a rental could be your best option and allow you to maximize return.
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7 January 2025 | 7 replies
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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7 January 2025 | 0 replies
1.Finding Value: Identifying properties with strong upside potential is critical in markets like Antioch.2.Rehab Management: Staying under budget and on schedule ensures better cash flow and quicker refinancing.3.Leverage Matters: The HELOC strategy allows me to scale quickly and acquire more properties without tying up personal capital.
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15 January 2025 | 10 replies
And even though virtually every sponsor agreement allows me to share investment information with others who might be advising me on it (especially when club members are bound by an NDA), I still ask the sponsor if I can share it, because it's a test.
13 January 2025 | 21 replies
It's not for me and I'll have a decent amount of cash to work around from allow me not to do that but for most people it makes complete sense.
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7 January 2025 | 7 replies
I am guessing you like the numbers you see in Strawberry Mansion and Norristown (Montco not Philly) but do you know for a fact that at those numbers, you can do a full gut rehab and be at a number that will allow you to profit, and along the way make some sizable mistakes especially if this is your first project . . .
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6 January 2025 | 2 replies
The 4-plex may be viable if zoning allows it but building another single family is probably not the move.