I want to get into real estate investing and like the thought of having multiple properties to manage.

I bought my first 2 flat in Chicago in 2022 a 203k fha renovation loan, moved in early 2024. March 2025 will be my 2 year mark. Most of the renovations we did were upstairs for the tenants unit (duplex up). Added a be...

Besides everything mentioned above, the finishes can have an impact on pricing:Granite countertops, flooring type, who new everything is, etc.

As a newbie, it is easy, and common, to head down multiple paths chasing shiny bright objects, with many of those paths just leading to time wasting and increased experience in learning what you don't want to do.

The commission you pay to the platform is an expense but it doesn’t not impact your gross revenue only your net.

I already know that a change in zoning can directly impact the value of a property, but I'm looking for more than personal knowledge.BACKGROUND: I have a client involved in a zoning dispute with Planning and Zoning.The property was approved for commercial use 15 years ago, so the owner built some storage units on part of the land.

@Andrew Frishman - here is some food for thought to get you started: https://www.biggerpockets.com/member-blogs/11782/84402-how-to-evaluate-a-sponsor Feel free to DM me with any specific questions, I have invested in multiple deals as a LP and as a GP.

May not be legal, but doesn't seem like it impacts your situation here. 

Eventually, lawmakers realized the negative impact this was having on the real estate sector and created what is known as Real Estate Professional Status (REPS).

The warrantability will come up more on the back end when it comes to refinancing or selling and the rehab aspect will impact you more immediately as it may cause you to adjust some of the work that you're looking to do on the property.