By managing yourself, you keep that money in your pocket.✅ Hands-On Experience – If you plan to grow your real estate portfolio, managing tenants yourself can teach you valuable lessons about leases, maintenance, and local rental laws.✅ More Control – You’ll personally handle tenant screening, rent collection, and property upkeep, ensuring everything is done to your standards.✅ Stronger Tenant Relationships – Being involved directly allows you to build rapport with your tenants, which can lead to better communication and longer leases.Cons of Self-Managing❌ Time-Consuming – Dealing with maintenance requests, late-night emergencies, and tenant disputes can quickly become a second job.❌ Legal Risks – Chicago has strict landlord-tenant laws.

I just want it to work and be a positive experience because I know that will keep me motivating to continue investing and building my portfolio.

The first one that comes to mind is do you plan to keep working while building your real estate empire?  

Congratulations - keep us updated and let us know how it goes! 

You have a job that keeps you busy, but you want to start creating wealth through Real Estate.  

Should I use 401K to payoff mortgage and have that $2,000 as income OR take 4% of that 401K (only 8K) as income and keep the mortgage? 

We are in Sub-markets, which have led us to having a very small general contracting pool and can't find any contractors to keep up with demand.

Hey gang - A partner and I just started a local RE investor meetup.Q: For anyone that attends these regularly or runs one....what are some of your best practices/tips/tricks to keep your audience engaged and growing?

Want to keep these forever, sell in few years, buy more?

Deciding whether to sell or keep renting really depends on your long-term goals.