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5 November 2024 | 28 replies
Here’s a breakdown to help you navigate your first deal, incorporating advanced strategies, including 1031 exchanges, to attract a broader range of investors.Neighborhood Recommendations: Chicago offers a diverse range of neighborhoods for different investment goals:Wicker Park & West Town: These areas are known for their strong rental demand among young professionals and offer good potential for cash flow.Lake View: Ideal for attracting tenants who want to be close to downtown while enjoying local amenities.The Loop: A prime location for high-income renters, making it an attractive option if you’re planning to house hack and generate a steady stream of rental income.Property Types: Opt for properties that align with your investment goals.
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7 November 2024 | 15 replies
It's the worst because it's pretty difficult to navigate if you don't have someone experienced to guide the way.
5 November 2024 | 5 replies
I understand that forming an LLC and having a business account could be beneficial for this purpose.Thank you for your assistance as I navigate these questions and seek a clearer path forward.
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4 November 2024 | 9 replies
I work with investors who are interested in multi-unit properties, helping them find the right deals and navigate the process from start to finish.If you’re ever interested in connecting, whether to bounce ideas around or learn more about what I do, feel free to reach out.
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2 November 2024 | 4 replies
Best of luck, and I hope you find someone who can help you navigate your real estate goals.
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31 October 2024 | 12 replies
Looking forward to hearing more about what you can bring to the table and sharing insights as we navigate these tricky market conditions!
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2 November 2024 | 15 replies
Many of them have given me advice on navigating landlord-tenant laws and things that are specific to different areas (e.g. investing in San Francisco is different from San Jose).
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7 November 2024 | 18 replies
Utilizing these resources is a great way to build a strong foundation in real estate investing.Accountability and SupportOne of the unique aspects of the Partner Driven program is the hands-on support and accountability we provide:100% Financing: We cover the costs of acquiring and rehabbing properties, which can be a significant advantage for many investors.Ongoing Coaching: Continuous support and mentorship to help you navigate your deals and grow your business.Profit Sharing: We operate on a 50/50 profit split, sharing both the risks and rewards.Combining ResourcesWhile free information is invaluable, having a structured program can also offer dedicated guidance and accountability.
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31 October 2024 | 0 replies
Working with seasoned professionals was essential to navigating this project smoothly and meeting our goals.
2 November 2024 | 8 replies
The quick good/bad of Section 8:- S8 tenants tend to be rougher on the property (but not always)- Paperwork/inspections/etc. can be burdensome and tough to navigate (especially initially)- People often think FMR rates are guarantee rental rates but that's not the case- Usually the rent isn't 100% subsidized and a lot of people don't realize this- S8 tenants tend to stay a lot longer than cash tenants- Obviously, the guaranteed rent portionOverall, I'm neutral on the program.