Ryan Marble
Buying land and building the multifamily residence???
12 January 2025 | 5 replies
Being new I would suggest started with existing builds but building small multifamily in a small town with a rental shortage could be a smart move (someone's gotta do it).
Arron Paulino
Update on Out-of-State Properties For Sale
5 January 2025 | 1 reply
My current agent suggested if it made sense financially, to do some rehab work to get the properties rent-ready, but I do not have the liquid funds to do so and sell these as-is.
Rebecca Gona
New to STR -Excited but scared- need to learn!
19 January 2025 | 9 replies
So I would suggest keeping your STR property geographically close and doing as much as possible to keep your profit% high as possible.As far as the actual house you use, I would just say - be honest, be fair and strive for the best area, most amenities, cleanest house, best communication, and any other extras you can get.
Anthony Vaganos
DCSR vs Conventional with transfer tax
19 January 2025 | 8 replies
Again, this topic can be discussed AT LENGTH as well so let me know if you want to go further into it.My suggestion to every new investor is to trust your instinct.
Jonathan Chan
Learning How to Raise Capital
5 January 2025 | 2 replies
Any suggestions on where to look other than the facebook outreach I've been doing?
Derek Heinz
House hacking with low liquidity and an investor or two
3 January 2025 | 3 replies
I like and appreciate both of your suggestions!
Del Brady
Can an introvert without a sales background succeed in REI?
14 January 2025 | 16 replies
I would suggest focusing on solving people's problems more than trying to sell them.
Nick D.
Pulling equity out of investment properties under LLC for a DP on a 3-family
17 January 2025 | 14 replies
I would suggest doing these separately however since you will run into issues with a partial release clause on a blanket loan.
Keilon Morton
Hard Money terms for partnership
7 January 2025 | 5 replies
Or like many small in businesses you raise cash from friends family and anyone else that knows loves and trusts you.The other thing I suggest is to make that $27,000 or $37000, or $50000 yourself over the next year.
Dan Audino
Intro Post - Chicago Commercial Property Manager
11 January 2025 | 9 replies
I love that you have specific goals for 2025 - I believe if we think it, write it, say it, and share it our goals are 10x more likely to come to fruition.Are you able to do option 2 and just house hack a 2-4 unit building and use a renovation loan which allows you to put down 3.5-5%I highly suggest getting to some local chicago meetup groups (we have an in person one on the 17th)...here is BPs list: https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a full list of the chicago meetups that I can share with you too if that'd be helpful.