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11 October 2024 | 41 replies
I am definitely focused on 1 month or more rentals, I love the mid rental approach, aiming at people waiting to buy home, people in the city for work, so in that regard it definitely makes the HOA laws more flexible.
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10 October 2024 | 24 replies
I just sold 25 units using the wholesaling approach, so it can indeed be done, and often.
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13 October 2024 | 34 replies
this is the "preferable way" of approaching problem .... rather than just throw up everything wanna invest to all states but end up confuses.
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8 October 2024 | 4 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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8 October 2024 | 4 replies
You may want to confirm this approach with a tax professional for added clarity.
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7 October 2024 | 7 replies
They both seemed fine with the wait and see approach.
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7 October 2024 | 1 reply
The fact that you've raised over $170 million and have passive investments in $1.6 billion of assets speaks volumes about the quality of your team and your approach to real estate.If you’re looking to finance future acquisitions, I'd be happy to get you some very competitive bids on financing...I'd love to learn more about your investment philosophy and how you approach large multifamily projects.
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7 October 2024 | 4 replies
Hi everyone, I'm looking to buy my first long term investment property and am not sure whether I'm approaching my research for rental comps correctly.
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9 October 2024 | 39 replies
We are approaching closing on sale of an investment property and are looking to 1031 in to an airbnb cabin in Blue Ridge.
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9 October 2024 | 10 replies
If you are looking to build quick capital and another full-time job, then flipping may be the answer...if you are looking for a slightly more passive approach and looking to build that long-term wealth, buy&hold'ing is maybe a better strategy.I've found introspecting on where I want to go long-term has helped clarify my short-term path...The beautiful part is Chicago offers all options at affordable prices general speaking compared to other metro areas.