
2 November 2024 | 9 replies
Ton of super old housing stock with a lot of Heroin / Fentanyl.

31 October 2024 | 3 replies
This article will help provide some insight into that question.First, it is crucial to understand that the real estate market and the stock market are two different markets.

1 November 2024 | 8 replies
Bonus points on the fact they keep it in stock in store.

29 October 2024 | 6 replies
I ended up with 3 of the parcels (one owner paid before the foreclosure and they had to pay my attorney fees along with the principle and interest on the lien).

4 November 2024 | 13 replies
Sell the house and invest in stocks.

5 November 2024 | 28 replies
I'm also building up a stock portfolio as I have neglected that over the years (but glad I did to invest in RE).

30 October 2024 | 15 replies
I'd really appreciate your inputs.Some relevant info that may help- I'm expecting a size able bonus next yr from my stock vests (~$500k)- the house needs flooring to be replace since the previous owners put cheap laminate stickers that are coming off and counter tops and cabinet repaints. - homes are not renting quickly in my areas and even if they rent its below $2k. - there is a airbnb in my street which seem to have good occupancy Thanks in advance for all your suggestions.

29 October 2024 | 0 replies
Assets identified in this study include:Bathroom Fixtures: Bathtubs, vanities, showers and toiletsStructural Components: Drywall, wood framing and interior partitionsBuilding systems: water heater, electrical distribution, HVAC, plumbingInterior Construction: Wood flooring, stairs, ceramic tileSmoke detectorsThis engineering-based cost segregation study included the following methodology:Physical Inspection through a site visitDocumentation review including architectural plans, accounting records and construction documentsA cost analysis which utilizes engineering principles in order to allocate costs to their applicable asset classificationsCalculation of the depreciation schedule using MACRSAs a reminder, bonus depreciation started to phase out in 2023.

1 November 2024 | 17 replies
The act of raising the rent can make some tenants move out of principle and if you don’t have a large tenant pool, you’ll just lose money.

30 October 2024 | 9 replies
The building stock is like all the other Chicago urban core burbs, so expect lots of 1950's and 60's construction with galvanized pipes, flat roofs, boilers and outdated electrical.