
30 August 2024 | 18 replies
Of course, all markets are different, so that certainly doesn't apply everywhere.

29 August 2024 | 7 replies
@Tina Kapur—First and foremost, you can NOT deny a tenant because of a voucher—that's a big no-no here in Chicago...now, of course, you can deny the tenant for other reasons like credit score, income, etc.We usually do 2.5X income w/ a 600+ credit score in the nw side of the city.Section 8 has its pros and cons like anything else...the check shows up EVERY FIRST of the month like clockwork, but additional paperwork and CHA inspections are required.

29 August 2024 | 13 replies
If you can capitalize on those early returns and recycle into another property with similar early trajectory, you will end with much more money over the same period of time.Of course, being able to harvest those gains and recycle in a tax deferred manner helps even more, so you may want to seek out syndicators that are able to offer 1031 exchanges on exit, which is definitely possible.

29 August 2024 | 20 replies
Of course, I am not a financial planner, this is just my personal opinion.

29 August 2024 | 5 replies
Of course, this is all changing due to NAR's settlement, effective August 13, that no longer allows listing agents to offer buyer agents compensation via the seller.

27 August 2024 | 10 replies
You just have to learn to train your tenants to pay on time whatever method you choose.

29 August 2024 | 16 replies
I took a course last year and this was a great refresher along with new knowledge.

29 August 2024 | 6 replies
We will of course pay fair market rates.Thank you!

29 August 2024 | 8 replies
Lots of "get rich quick" gurus out there about buying deals with no money down or "creative financing" that when you peel back the curtain you realize is a scam used to sell courses online.

28 August 2024 | 7 replies
@Emmanuel OlaIf you can get a longer term conventional loan I would choose that over a hard money loan every time - this is of course assuming the hard money loan has higher interest rate as well as a shorter maturity date