Rates are high, usually in the high 8s or low 9s, and you may pay 2-4 points on the loan. 

Also, if anyone is open to JV deals or mentorship, I’m eager to learn and bring value where I can.Looking forward to connecting with you all!

Hi does anyone have experience with providing direct STR stays (so not through Airbnb or VRBO) and charging, collecting, and remitting the local Chicago hotel tax?

Medical Payments: Provides coverage for an injury suffered on the premises.

I have two clients (both new to me this year) that have indicated a preference to provide me with hard copies of their documents.

Since the mortgage rates have been higher than previous years and the inventory has been lower I'd recommend looking into multi family options that are currently cash flowing in areas that values are increasing.

@Shiloh Lundahl I will do value add specifically with ADU development, so I am tracking permits to find other ADU developments and overall inventory growth to find a competitive edge with supplying demand in areas lacking larger residential developers aka "the middle housing"@Arlem Garcia Interesting, Tariffs will play a big role in supply chains, so it will be interesting to see how governments come to resolutions@Henry Clark Absolutely, imo gone are the days of investing for cashflow or appreciation, now it's about aligning long-term strategies with lifestyle 

We had to enter in holding costs, holding time (time value of the money), ARVs, rehab costs, a contingency reserve (a little extra to cover unforseen stuff), a reasonable profit margin, etc to get to a "Strike Price" as we call it.

We have restricted cities in my market that are loosely enforced, but I would highly suggest not going into an investment "hoping to not be caught". 

I highly recommend hiring an attorney, at least for your first time.Some attorneys specialize in evictions.