
16 October 2024 | 7 replies
But you know enough to be able to fill in the blanks and get close... public records, utility companies, visiting with residents, walking the park and networking with other park owners.

15 October 2024 | 5 replies
I know there are a ton of features I don't utilize personally, I mostly use it just for tenant application and screening process, and then for rent and fee collection In my personal experience here's my pros and consPros•Had a template for screening questions on the application so I didn't have to think of things to ask myself•Handles rent collection easily and for only a $1 fee to my tenants for ACH transfer which makes it easy for both parties•I can set up all rent and fees at the beginning of a lease term so it's set it and forget it for me•My tenants have said setting up auto-pay was easy and I like to make it as easy as possible for them to pay me!

18 October 2024 | 7 replies
Installation Costs and IncentivesAverage Cost: Residential solar systems typically cost between $15,000 to $25,000 before incentives for a 6kW system (suitable for an average home).Incentives: Illinois offers substantial incentives, including:Federal Tax Credit: A 30% federal tax credit applies to system costs.Illinois Shines Program: Provides Solar Renewable Energy Credits (SRECs) that homeowners can sell for additional income.Net Metering: You’ll receive credits for any excess energy your system produces, reducing your utility bill.2.

17 October 2024 | 14 replies
It's 750 sqft and I'm trying to get a tenant to pay 2750 which will just barely cover all the monthly expenses and utilities.

17 October 2024 | 7 replies
Build your knowledge base through books, podcasts, and online communities.

11 October 2024 | 17 replies
As you're starting your journey, here are a few tips to help you along the way:Educate Yourself: Take advantage of resources like books, podcasts, and online courses focused on real estate investing.

16 October 2024 | 9 replies
Is it customary that they have their process displayed online or in a pricing guide so I can shop around?

17 October 2024 | 12 replies
You can also check their reviews online at Google, Facebook, or Yelp.

18 October 2024 | 5 replies
The area looks to be a decent area for STR rentals and has potential to be a great investment if that goes well, we won't have a mortgage on the property so outside of taxes/insurance/utilities it should be easy to cash flow.

16 October 2024 | 4 replies
My list includes - last 2 years employment history and current employment [2 paystubs], criminal checks, eviction checks, No Pets, No smoking, tenant pays utilities, maintains landscape, no subleasing, bring own washer & dryer, 1 month security deposit and transfer of utilities before moving in, rental insurance, all occupants will be on lease, notice period of 2 months for termination, tenant references, No cosigners, no painting walls, late fee notice, any hoa fines should be paid by tenant, inspection of property at 3, 9 and 12 months.Please let me know if I am missing anything.3.