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2 February 2025 | 8 replies
Loopnet has some comp information, but requires a paid (and not cheap) account to see it.Commercial properties are generally valued based on income, not comps per se.
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17 January 2025 | 24 replies
THAT is the kind of value Quest gave.
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28 January 2025 | 10 replies
Ideally you can provide something extra or unique that you can highlight in your photos and description to stand out.
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14 February 2025 | 19 replies
Even when they are charging you a very high percentage, the agent is probably operating at a loss.
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21 January 2025 | 5 replies
Is my thinking correct that homes in highly appreciated areas won't benefit as much from Cost Seg.
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19 January 2025 | 2 replies
During this time, I found myself unemployed and having difficulty finding a new job due to not completing my degree or having formal training beyond high school or military.
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25 January 2025 | 10 replies
Highly suggest coming out to some of the local chicago IN-PERSON meetups!
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10 February 2025 | 3 replies
That said, I will still try to provide some “clarity”.Purchasing a property “subject to “ the existing debt can be done two ways.
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18 February 2025 | 7 replies
My interest rate and purchase price wouldn’t allow for positive cash flow unless I charged an unreasonable rent—or put about $500K toward the principal, which isn't ideal.I’m a high earner, so I’m weighing my options:Take the loss ($60K-$100K), buy another house, and chalk this up to a hard lesson learned.Refinance, put more money into it, and rent it out long-term—even if it’s not immediately profitable.Invest my money elsewhere and try to make peace with staying here for several years.Would love to hear thoughts from anyone with experience in real estate, financial strategy, or noise mitigation.
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11 February 2025 | 5 replies
.- at year 7 if value appreciated a lot, can i do a HELOC on it and use that HELOC to pay off the balloon - probably not due to lien being secondary etc on helocYes on the HELOC, but it would probably be easier just to refi and pay off the seller, and cash out more money too.Hope that helps and good luck!