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26 December 2024 | 7 replies
I hope you or someone is at least keeping an eye on your properties for break ins, squatters, roof leaks, temperature control, frozen pipes (if in cold climate), if you have a basement and sump pump goes out leading to water damage etc.I just talked to two investors in California that have let their properties sit vacant (no mortgages so paying property taxes and insurance).
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28 December 2024 | 0 replies
For practitioners in the real estate industry, the biggest challenge is not just the difficult work, high risks, or immense pressure, but the necessity to learn to let go of complete control over outcomes.
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27 December 2024 | 3 replies
A strong “Core 4” can make managing your investment remotely much smoother and prevent a lot of headaches.Also, as you narrow down cities, pay close attention to factors like job growth, population trends, landlord-tenant laws, and short-term rental regulations.Happy to connect with you, and good luck as you jump in!
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2 January 2025 | 12 replies
Otherwise, the DST fees eat up the tax Ruthie- Yes they are in control for when the property is sold.
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28 December 2024 | 3 replies
Installing thermostats with regulated heat control (we pay heat) 3.
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2 January 2025 | 11 replies
Luckily, I did not include this unit in my underwriting when purchasing, so the survival of this property is not contingent on this situation.Continuing to optimize for management of the building when I move out, like moving everyone to online rent payments or adding remote accessible security cameras.Exploring opportunities to expand my portfolio—I've begun my hunt for my next 3 to 4-unit building to house hack, ideally in Lake View, North Center, or Ravenswood.This year taught me that real estate investing isn’t easy, but it’s undoubtedly worth it.
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31 December 2024 | 20 replies
There are too many factors that you cant control .
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10 January 2025 | 26 replies
I do think the renters out there looking for $700-1000 properties are moving out into more remote areas.
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14 January 2025 | 329 replies
Instead, Trump calls for Health and Human Services Secretary Alex Azar and Centers for Disease Control and Prevention Director Robert Redfield to “consider” whether an eviction ban is needed.A federal eviction moratorium has ended.
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28 December 2024 | 6 replies
It's a way for them to maintain control over their material and keep their audience intimate.