
5 September 2024 | 13 replies
If you plan to buy another property in the next 12 months, your DTI will likely be negatively impacted.

4 September 2024 | 5 replies
Definitely easier said that done but I'm talking concepts.5.

4 September 2024 | 3 replies
I even was able to attract better contractors once the projects were in nicer neighborhoods - all thanks to other people's money.I guess I never looked at the cost of the money (fees/interest) as a negative, since I realized that in order to experience growth, capital would be necessary.

4 September 2024 | 3 replies
Just remember: most negative reviews are written by problematic tenants.

4 September 2024 | 0 replies
Chuck Kuhn plans to submit concept plans in the next month or two to give a better idea of what the space will turn into, but it has been long known the plans there would be to change the Chantilly Stone Query into a lake, continuing the beautification of the area.

3 September 2024 | 5 replies
My numbers are telling me it will negatively cash flow at the purchase price they want.

4 September 2024 | 4 replies
In brief, the concept was to make lots that are City-owned available via a quit claim deed to residents or community groups within the specific neighborhood on the same block in order to stabilize communities through local investment. https://www.chicago.gov/city/en/depts/dcd/supp_info/large-lo...There were a few other historic land sale programs in addition to large lots.

4 September 2024 | 7 replies
I would strongly urge you if you have time to read or listen to Real Estate by the Numbers by Dave Meyer & J Scott because they do a great job of explaining the various numbers and metrics used to make decisions in real estate, it has helped me reframe financial and real estate decisions because I understand the concepts and feel more empowered because of that understanding.The two factors in your decision here are financial and (maybe more importantly) emotional.

5 September 2024 | 9 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

6 September 2024 | 19 replies
From what I've observed most "gurus" or coaches teach concepts that can easily be learned by reading these forums or through content found online.