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7 February 2025 | 10 replies
Might be a little bit down the road for me, but that is for sure dream that will come true...One Chicago's best features is the lake, which I'd like more access to.
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28 January 2025 | 27 replies
I would advise against anything like that and again, talk to the ones who are doing it successfully.
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27 January 2025 | 10 replies
They put one of their employees into one of my houses, and after I switched to a new property manager, that tenant stopped paying rent (amazing!)
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27 January 2025 | 11 replies
Here’s a bit of background on my current situation:I own one rental property that generates $1,900 per month in rental income, and it is paid off ($300K).My primary residence is also paid off ($288K).I’m currently building another rental property with cash ($200K).
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30 January 2025 | 0 replies
One powerful tool that can help investors secure better loan terms is asset utilization—especially when the DSCR (Debt-Service Coverage Ratio) is under 1.🔹 How It Works:If your rental income falls short of covering your mortgage (PITI), you can use liquid assets to supplement your income.
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27 January 2025 | 17 replies
If you don't do anything within the software, maybe only your bookkeeper needs the software and he/she can print out the reports for you.If you want access, then you and the bookkeeper would need the desktop version and possibly a shared folder like google drive to share the quickbooks file.Intuit used to sell the quickbooks desktop(one time purchase).
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28 January 2025 | 3 replies
If I choose to also pursue the real estate investment and management concentration, I will have to take one more semester.
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28 January 2025 | 8 replies
I understand that they operate in real estate under one of a few exemptions from registering as a security with the SEC.
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30 January 2025 | 3 replies
There is no SST and makes it easier to house hack 3-4 unit properties and you can use that loan repeatedly while with FHA loans you can only have one at any given time.
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26 January 2025 | 1 reply
We probably would have renovated the main house also, and turned that one into an Airbnb if we had really thought about it back then.