Christopher S.
Unlocking Chicago's Community Development Grant Program: A Streamlined Financing Path
4 September 2024 | 4 replies
However, the new Community Development Grant (CDG) program simplifies access to critical funds, offering three distinct grant categories:-Small Grants (up to $250,000)-Medium Grants ($300,001 to $5 million)-Large Grants (over $5 million)These grants can support a wide range of projects, including office, retail, cultural, industrial, and mixed-use developments of more than 10+ housing units with ground-floor retail.
Jeff Wang
Post Grad House Hacking Feasability
4 September 2024 | 5 replies
You can find great 2-4 unit buildings at reasonable prices (compared to New York City), and many of them need to be fixed up, which is an added bonus of equity if you are willing to tackle a renovation.I'd suggest somewhere along the blue line (train) in the northwest part of the city, where you can find some priceless neighborhood vibes.Plus, the real estate community is unmatchable...tons of people willing to give you a hand up.
Chris Gawlik
Whats it like to invest in C or D class properties?
8 September 2024 | 101 replies
Cons: Yes, we can be in the slumlord category because we don’t improve unless absolutely necessary.
Matthew Dawson
AirBNB Pensacola Florida
3 September 2024 | 5 replies
Bonus Tip: take extra care to get 5 star reviews on your early stays.
Manshi M.
REM Capital - Robert Ritzenthaler - Thoughts?
3 September 2024 | 20 replies
K1's were distributed with the cost segregation and 100% bonus depreciation allowed in 2022 which helped offset other taxes, so that was nice.
Shane Bishop
Best Accounting Software for Rentals
3 September 2024 | 4 replies
Also, I had to set it up with real estate specific categories and I'm not an account / bookkeeper so this go really messy.
Stuart Udis
What is an “investor friendly” lender?
5 September 2024 | 11 replies
Nothing to do with the category of lending.
Shiwei Qu
Tenants are running a non-profit organization
3 September 2024 | 9 replies
They proposed higher than market rent, but want to keep 2 people from thee organization volunteers in one room in future.We checked the website of the non-profit organization, their program include several categories, including helping international children to school, housing for the homeless, etc.
Samuel S.
Buildium vs Quickbooks; Use both?
3 September 2024 | 10 replies
This means that you don't need to create new accounts, like rent, and expense categories that are specific to rentals and real estate, but Buildium is expensive and for people with larger portfolios.
Matthew Sarro
How necessary is a history of personal financial statements for a lender?
3 September 2024 | 20 replies
So for example, a 761 credit score will be in the 760-779 credit category, then going down to 740-759 and so on.2.