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1 January 2025 | 22 replies
or, you can go into the high end neighborhoods where there's more margin... but probably the same level of competition as you're used to.
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17 January 2025 | 11 replies
Based on your numbers, and assuming you have a credit score high enough and have never filed for BK, you shouldn't have an issue getting approved for an HML to buy/rehab the property that I would estimate at about $370k-$375k (which includes 100% of the rehab costs).
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26 January 2025 | 30 replies
Low probability but high risk.
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10 January 2025 | 2 replies
If you believe your property’s assessed value is too high, you have the right to challenge it.
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11 January 2025 | 9 replies
I love that you have specific goals for 2025 - I believe if we think it, write it, say it, and share it our goals are 10x more likely to come to fruition.Are you able to do option 2 and just house hack a 2-4 unit building and use a renovation loan which allows you to put down 3.5-5%I highly suggest getting to some local chicago meetup groups (we have an in person one on the 17th)...here is BPs list: https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a full list of the chicago meetups that I can share with you too if that'd be helpful.
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5 January 2025 | 5 replies
Specifically, Texas has some of the highest insurance and property taxes in the nation, but the appreciation makes up for those high costs in the long run.
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7 January 2025 | 12 replies
One thing to consider is whether a two-family twproperty might provide better cash flow than a condo, especially with NYC’s high costs.
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19 January 2025 | 47 replies
And when talking to a buy you say "ha, ha, ha, look at the deal we got, we got that person to give us all this $ from there cashflow"The whole thing wreaks to high hell.
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8 January 2025 | 5 replies
@Philip AndersonMultifamily properties in Ventura can perform well due to the area's high rent demand, but inventory can be tight.