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29 January 2025 | 47 replies
Before making that move, consider other funding options like HELOCs, cash-out refis, or partnering with an investor to keep your retirement funds growing tax-free.If you're set on using retirement funds, explore self-directed IRAs, which allow real estate investments without triggering penalties.
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16 January 2025 | 17 replies
Grind it out for 5-10 years like this and you’ll be set for life.
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13 January 2025 | 31 replies
Technically yes, but your odds of success are very slim and your potential will be very limited.
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8 January 2025 | 34 replies
@Jenna SchulzeAs a newbie investor with limited capital, I’d invest close to home.Invest in areas you know well.I’ve been in the RE industry since 1978 and people always ask me:What’s the best market to invest in?
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9 January 2025 | 15 replies
I never liked Airbnb's or VRBO's pricing structure because it seemed more like they set a price that will get you booked so they can get paid, and not necessarily for the profitability of your listing.
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31 December 2024 | 3 replies
I'm have been asked to enter into a partnership with an experienced investor, and I'm not sure how to or the best way to structure a partnership. Any advice or resources you can point to? I'd like to double my units i...
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8 January 2025 | 10 replies
If you have more than one LLC, each LLC should have its own set of accounts.Checking: Collect all income here, then use it to pay bills, the mortgage, or maintenance.
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9 January 2025 | 8 replies
Quote from @Michael Poloncic: Three individuals signed a lease together, all friends, the lease is set up where each of them are expected to pay 1/3 of the rent.
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9 January 2025 | 1 reply
It’s humbing and frustrating, but it also teaches you those guardrails you’ll want next time.. like thorough screening, a solid lease agreement that sets ground rules upfront, and maybe even setting aside a bit more cushion in reserves.Chicago’s got plenty of investor-friendly pockets.
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8 January 2025 | 13 replies
It provided loss of use coverage and high liability limits but at less than 50% the cost of the quote I got from Proper.