
31 January 2025 | 11 replies
Hey @Mike Nelson, never assume anything about STR rules and regs.Here is the STR rules for Oak Park - https://codelibrary.amlegal.com/codes/oakparkil/latest/oakpa...I would call the city and make sure it is legal for a specific property.Now regarding the famous person angle, sure it can add value to the property or as a STR, but for STR use, I would think you would need it to be in original condition with a lot of the furniture and knick-knacks that were owned by the famous person along with a bunch of photos etc featuring the famous person.If you buy a place that has been totally redone but was owned by someone famous but has no features or things that were theirs, then I don't see it being a draw.

29 January 2025 | 1 reply
Building a team is something after you build the skills yourself, then teach them to other people to leverage more and more.

29 January 2025 | 2 replies
Then you have the ability to accept or reject their response.4.

29 January 2025 | 8 replies
Then look at different REI to scale to that number.

30 January 2025 | 2 replies
We have thought about making the 3rd unit an Airbnb because then we don't need a full kitchen.

29 January 2025 | 5 replies
If so then a 1031 exchange would be in order.

28 January 2025 | 11 replies
If you cash flow $1K per month for 36 months, and then sell with the ability to pull back your original investment, would you consider that a win?

29 January 2025 | 12 replies
If I'm mentally and emotionally all-in on the incoming administration and think the economy is going to be amazing, best economy with the biggest hands ever, etc etc, then I can do better than gov't bonds, given the emotions I am experiencing.

28 January 2025 | 29 replies
Then you get 100% minus cleaning fees and maintenance.

31 January 2025 | 26 replies
I let the booking expire and figured it was a troll.I then get another request from the same person about a month later for the same dates.