Connect with lenders experienced in short sales to understand their specific policies and requirements!

Networking with local investors, joining Chicago real estate meetups, and connecting with experienced agents can help you find the right deals.Good luck!

I dont need to know this stuff I hire people to do it for me..

I've also held of holding properties in individual LLCs that are owned by one S corporation, which allows for a 60 / 40 split between ordinary income (regular tax) and dividends (capital gains tax rate).With the goal of minimizing taxation and liability protection, what would be the recommendation from more experienced people here?

I would be very weary about buying another property in today’s market unless you are extremely experienced or have done an extreme amount of research.

Has anyone experienced anything like this before? 

Always happy to talk shop and strategize with new and experienced investors alike.Cheers!

For those of you that are more experienced in this space, would you change your financing approach based on this new information?

Heating costs go up in winter, as does electricity due to the reduced natural light and more people indoors.

: Work with an experienced contractor who has done a lot of work similar to the work you're looking to do on that specific project.💡 Noticing any shifts in buyer demand that affect your strategy?