
6 November 2024 | 6 replies
Hey @Jeff Ryan - While I can not speak to your exact situation, I can speak to the thousands of homes I have walked here in Chicago, where majority of the homes were built in the late 1800s/early 1900s.I would say that 7/10 of the older homes I look at have some sort of settlement in the foundation, which causes the cracks and sloped floors you are mentioned you are seeing in your property.

5 November 2024 | 28 replies
This is particularly useful if you find a lower-cost property that needs some updates to attract high-quality tenants.Reverse Exchanges and Parking Arrangements: If you spot a great investment opportunity before selling your current property, consider using a reverse exchange.

7 November 2024 | 45 replies
On top of that, the tenants are lower-quality, so it takes more work to maintain communication, enforce the lease, etc.In my experience, the additional work and eventual losses erase any benefits of Section 8.

7 November 2024 | 51 replies
Since their project is running longer than anticipated they can't speak to the ROI yet and whether they're going to make the return that was projected / advertised.

6 November 2024 | 4 replies
Mainly, prospecting - aka speaking with potential buyers and sellers.I would also recommend calling everyone you know (Neighbors, family, friends, co-workers, etc.) to let them know you're in RE... don't say its a side-hustle... don't say you're 'trying it out'... don't say its only a P-T thing...

5 November 2024 | 22 replies
@Marc Shin we use both granite/quartz and laminate in rentals depending on the size and rental quality.

9 November 2024 | 87 replies
I think many novices miss, don't know or forget that "the market" and it's market makers/movers/etc. have a kind of tri-lingual way of speaking. - There is what they say, the actual words being stated. - There is what those words really mean, or there true intent, which all too often is the exact opposite, such as saying the economy remains strong and a-ok with no recession risk being seen, because there is risk seen for it, but to say such would be to make it happen, and to say there is-not, may induce stabilizing actions that thwart the happening of such..... - And there is what they DO....

5 November 2024 | 6 replies
Since it’s such a quiet and family oriented neighborhood, I would like to be mindful of the quality of residents that live here.

6 November 2024 | 5 replies
But, that is not always the right answer and you should speak with someone familiar with your personal situation to get advice specific to you.

6 November 2024 | 7 replies
I have some great lenders here that you could speak with about all of that.