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19 January 2025 | 61 replies
Once you have enough properties to support your life style, what is the point of acquiring more?
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5 January 2025 | 4 replies
Fees should be clearly stated in writing, easy to understand, and justifiable.
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20 January 2025 | 8 replies
For example:If families frequently comment on the lack of child-friendly amenities, adding a crib or high chair could increase bookings.If professionals mention the need for workspace, consider adding a desk or ergonomic chair.Tailor Your Listing DescriptionOnce you’ve identified your target audience, write a listing description that speaks directly to them.
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6 January 2025 | 7 replies
It does seem like it is such a significant misrepresentation though, I wonder if getting some confirmations in writing helps.
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13 January 2025 | 12 replies
Ask for their advice and maybe even something a little corny, like whether they’d be willing to write a letter of recommendation for your lender when the time comes.
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6 January 2025 | 12 replies
I have one more question whom to write the mail to ?
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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.
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11 January 2025 | 7 replies
Be sure to follow all formalities, such as sending via certified mail if required.Transfer Rent Payments: Notify tenants in writing that rent payments should be made to the new property management company moving forward.
4 January 2025 | 5 replies
Fees should be clearly stated in writing, easy to understand, and justifiable.
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30 December 2024 | 4 replies
I work with a lot of MTR investors and what I am seeing frequently with multifamily acquisitions, particularly with new investors, is that they often test the property just like you're mentioning, as a way to dip their toes in the water and see what works in their area and for their personal style.