I grew up here and when I came to the city as a travel nurse this summer, the month to month furnished rentals were outrageously expensive, $4000-$5000 a month easily to be in a nice building anywhere in River North, Gold Coast, Lincoln Park, West Loop etc.

Hey folks,For those who have been through a natural disaster, tell me what you wished you'd have known. Helene dropped a massive tree on one my properties in Greenville SC. There is roof damage, probable damage to the...

Any tips or advice would really be appreciated!

Let’s start with some basics of realistic expenses offset versus unrealistic gold rush paradigms in a high cost, high tax, low occupancy state:You’re not getting 20% CoC.

I want the place in tip top shape for new guests.  

Of course there are many other tips I can offer, but those come top of mind.

. - 2024, I’ve been retraining myself to focus on saving & budgeting.Any helpful tips to help balance this?

Do you have any tips or resources recommended for getting up and running for a newbie landlord for just a room rental?

He ended up keeping it as a rental, but what tipped the scales for him was the rent appreciation potential in his specific neighborhood and the tax benefits of holding onto a property with a great interest rate.

Get to know the guide lines and the Niche lending options that can make or break cash flow deals.If you ever have any questions feel free to reach out I enjoy offering tips, and loopholes to BP members to help save time and money!