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28 August 2024 | 32 replies
By offering them control over key areas of management, you're giving them the reins to drive profitability, while you focus on gaining invaluable experience and building your own capabilities.It's a win-win situation - they get reassurance about the property's profitability and you get the benefit of their experience to hone your skills.Keep pushing forward and best of luck on your journey!
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26 August 2024 | 28 replies
The issue is Calumet City is a good 45 minute drive south of Chicago and North Chicago is actually about an hour drive north of Chicago (talk about false advertising).
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26 August 2024 | 13 replies
However, considering gross monthly income and operational expenses, I'm looking for strategies or types of properties that can provide a better net ROI.Here are some key points:Location: At least a C neighborhood that is safe for driving around at all hours.Cashflow: Investments that can deliver superior cash flow.Involvement: I have the time and willingness to handle maintenance and operational activities myself.
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22 August 2024 | 31 replies
I recently found these websites when looking through tax assessor's web page.
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26 August 2024 | 24 replies
My point that I am trying to drive home is that most lenders are within a pretty tight shot group, and I would rather pay $500 - $1000 more for better advice, better service, better follow up, better communication etc.
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25 August 2024 | 12 replies
I know I could drive all over the place and price shop and save money, buy my free time is worth more than the savings- most of the time.
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28 August 2024 | 39 replies
.- best chance of near term success is local to you, somewhere you can drive roundtrip with time to spend at the property in a day. - reality is MLS listings using realistic expense estimates at high LTV is cash flow negative
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24 August 2024 | 5 replies
Limited space for expansion ensures a housing shortage, driving up property values and rents.
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26 August 2024 | 25 replies
Those type of things drive rental revenue and attract more guests.