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16 April 2024 | 16 replies
I have been diligently reading, studying, and beginning to practice analyzing cash flows of properties within Chicago and some Chi suburban areas.While I try to use whatever tools I have at my disposal and also be conservative with my numbers while analyzing properties (vacancy percentage, expenses, etc) I believe that in some areas of my analyses, I may not be getting the most accurate information.For everyone out there, where do you get your rental estimates by location?
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17 April 2024 | 7 replies
My attorney charged a significantly lower settlement fee but if I didn't use Lennar Title, then I'd forfeit my incentives... a practice I despise among builder's lenders, but this is how they trap you into using their AfBAs.
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18 April 2024 | 33 replies
Although practically, I have heard that you don't need it until you evict a tenant.
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16 April 2024 | 1 reply
Implement sustainable practices, such as Leave No Trace principles, to minimize your ecological footprint and preserve the natural beauty of the area.By carefully considering these factors and doing thorough research, you can determine whether renting out camping areas on your land is a viable option and how to proceed effectively.
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16 April 2024 | 13 replies
They are good practice, though, for the real deals.
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16 April 2024 | 8 replies
(Search for the Due on Sale clause in a mortgage and you'll see plenty of threads and opinions on that but it is very common practice).I would focus 99% of your time on finding the right area and property, as well as team - agent, Property Manager (@Stephen Glover is a very good start on this one btw), banker, Contractor, etc.
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16 April 2024 | 7 replies
I am currently looking for an internship to gain practical experience in managing STRs.
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17 April 2024 | 16 replies
If the dog is doing well, leave it alone.I will recommend you change your practice.
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16 April 2024 | 8 replies
An investor friendly agent can do all sorts of helpful things, like setting you up with a search for properties or connecting you with folks who have recently done deals like the ones you want to do. 6) Consider analyzing a deal or two in your local market, just for practice, with a free use of our Rental Property Calculator (or other calculators).
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16 April 2024 | 4 replies
I have some practice in finding deals but until now I have not had the confidence in myself to execute.