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Results (10,000+)
Wesley Wilk What is your process for adding rooms to a SFH project?
20 December 2024 | 2 replies
Moving walls usually requires figuring out what is or isn't load bearing and likely putting a large and usually expensive header.
Alyssa Dinson What has been your experience with out of state investing?
16 January 2025 | 78 replies
Milwaukee is a little better than Chicago, but it does not make sense for a Chicago investor to go remote in Milwaukee.
Anca R. Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
22 January 2025 | 22 replies
We are looking to buy a condo in Chicago as the new rental, for a variety of reasons, but most importantly because it would rent better in the city, and it fits our desired price point (so we can allow for the rest of $$ from the sale for paying off their Oregon home and pay all, or some of the taxes on the boot). 
Shayan Sameer Fix n Flip 70% rule
3 January 2025 | 45 replies
As a builder and developer in Chicago, I've been on both sides of the 'GC equation' - working with GCs and being the GC ourselves.
Zach Howard Class C: Personal loan for 200k, should I use it for multiple down payments, or...?
9 January 2025 | 44 replies
At 3% interest you’re bearing both inflation and appreciation from the cost side. 9.  
Johnny Lynum Multifamily vs. Single-Family—What’s Your Take?
17 January 2025 | 20 replies
Society and demographics favor smaller units since marriage and child bearing are being delayed.  
Joel Oh One platform strategy
2 January 2025 | 30 replies
Once you get a year or 2 under your belt, you can see the trends for your area and decide for yourself, based on your experience, if a single platform is the way to go for your property.EDIT - I did a search in Chicago on AirBNB out of curiosity.
Matthew Drouin Good Cause Eviction Law Passed - 3 Things You Need To Know
30 December 2024 | 15 replies
.✅ Secondly, good cause has a max cap on yearly rental increases at a certain margin above CPI or 10%, whichever is less.For those of you who own stabilized, high quality housing like we do, this shouldn’t be a problem.But instead of keeping rents flat because you are a nice person or increasing just a little bit, you could get yourself in trouble when it comes to funding future major repairs and capital expenditures.As long as you are increasing to what the market will bear, you will be in good shape.Also if you are looking at purchasing blighted, dilapidated housing with the intent of raising rents and financing improvements to the property, you will have to take this into consideration and buy accordingly and on in place rents not projected rents.On the implementation side, however that pans out, you might be able to get these necessary rent increases to finance repairs but you may need to go to housing court in order to get the green light but we are just not sure at this point and remains to be seen.✅ Thirdly, in regard to objectionable tenancy and nuisance caused by disruptive tenants, you will need to document these violations with undeniable evidence.Because police reports are not usually able to be procured due to disturbances like drug trafficking or domestic violence, you’ll need to take matters into your own hands on producing that documentation.I recommend getting security cameras installed in all common areas and outside your properties.I’ve used SimpliSafe security cameras but you’ll need to install WiFi service at your properties so that you can maintain recordings in the event of violations and add to your lease that any tampering with said cameras constitutes a lease violation as well.This is still developing and once we get further clarity, we will host a round table with legal experts on how to best protect our properties and residents.
Erin Helle One month left in 2024 - What are your Goals!
23 December 2024 | 20 replies
Any one else in the BP community or any of my Chicago Real estate folks have any big goals for 2025?
Jonathan Cubeta Tenant screening
27 December 2024 | 12 replies
Her Facebook page seems to bear this out.