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14 April 2022 | 10 replies
its a little far from the blue line so I basically broken down the potential personas to the following 1) Single Parents looking for good neighborhood school (Beaubien / Taft are considered better in the CPS neighborhood school rankings)2) lower income young room mates looking to split rent3) late 20 early 30s work from home and wanting to get away from the hustle and bustle of the hipper neighborhoods and save some money4) people who have lived in the area for a while and like the areafor each one I look up the demographic for the area / city and then target income level and assume for any given year there's probably 5% of the overall demographic that would be looking to move.
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27 April 2022 | 5 replies
If you are a new investor looking for properties then you are the kind of person A LOT of people will be looking for.
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20 April 2022 | 3 replies
I know there were some local lenders that even go up to 90% (not sure if they still do), otherwise 80%Gift - you will be requested 60day seasoning unless entering the mortgage with that other person as a partner.
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23 April 2022 | 7 replies
If that paperwork is done at closing, I suspect it would work out fine since the forms would be signed by the same person as the eviction judgement.
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19 April 2022 | 4 replies
I know that the biggest obstacle so far has been not being there in person as we're trying to invest from Alaska.
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27 October 2022 | 2 replies
Peter this is a lot to unpack and here are just a few things you need to look at, there are many more so just take this as a first step overview1. how many investors will there be2. what is the investment % of each person3. are you going to have each person as a equity partner or some equity, some just strictly investors being paid a determined amount for their investment4. depending on the above answers you could simply go with an LLC but depending on the answers you may actually need to go into a Partnershipyou are for sure on the right thought pattern though as you need to have a lot of these questions answers before you can move forward and you will need to have all parties agreeing to the terms.
10 February 2022 | 3 replies
Even ask the checkout person or manager if they see that person a lot.
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1 March 2022 | 4 replies
People can hide behind a well crafted social media persona or they can easily find several "happy customers" to give testimonials.
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1 March 2022 | 4 replies
I’d also love to grab a coffee with you whenever you are available, it’d be helpful to speak to someone in person as I’ve been listening to a ton of podcasts but haven’t really had a discussion with anyone about investing here yet.
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4 March 2022 | 11 replies
In every instance where we've had that type of person as a tenant, they've been a real pain to deal with.