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25 November 2024 | 8 replies
I'm concerned that the combined load of heat pumps and ancillary heat strips, along with other appliances, might exceed the 100-amp capacity during winter.As part of our future plans to add a third unit and separate the utilities, we intend to install two additional meters: one for common areas and one for the new unit.
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25 November 2024 | 11 replies
These are professionals with additional training and a stricter code of ethics.
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27 November 2024 | 13 replies
Also Since you plan to live there for 3-5 years, it’s easier to manage and maintain, giving you time to learn the ropes of real estate.That said, be mindful of high HOA fees, as they can eat into your margins and affect future cash flow.
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26 November 2024 | 21 replies
Any additional permits?
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25 November 2024 | 19 replies
With a small portfolio, it will eat away at all your cashflow.
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25 November 2024 | 32 replies
They probably got the Golden Visa where you only have to spend 500k on real estate to qualify and you get citizenship in addition you only have to spend 2 weeks a year in country.
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26 November 2024 | 3 replies
However, if one property is overseas, there might be additional considerations to factor in.
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27 November 2024 | 3 replies
Watch out for fine print that requires an additional fee at closing - this is a huge red flag and how most flat fee companies make money.
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27 November 2024 | 8 replies
I have 2 units I constantly have to chase for rent and if you can avoid this by looking for additional applicants I recommend it.
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26 November 2024 | 4 replies
In addition to running the "Illinois Real Estate Investors Association", I manage a mobile home park in Belleville, IL.