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2 January 2025 | 11 replies
Tenant screening, especially here in Chicago, is one of the most important things you have to prioritize learning - learning it the hard way is the fastest, but not always the most cost-effective (I know from experience haha)If you still need a solid eviction attorney, please let me know!
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30 December 2024 | 11 replies
Should you choose not to renew your current lease you will only have to pay the difference of the last month’s rent you originally paid. 1750-1495= $255.Current Rent: $1,750Increase: $119New Rent Rate: $1,869This increase takes effect the 1st day of November, 2023.We’ve been happy with you as a tenant and hope you continue to stay with us for a long time.
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26 December 2024 | 3 replies
Each parcel can host up to two units, effectively enabling up to four units on what was previously a single-family lot.
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26 December 2024 | 21 replies
On the other hand, if you ever had a spouse or ex-spouse who was hiding assets in LLCs you might understand the need for more transparency in these transactions.
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9 January 2025 | 21 replies
To maximize the number of transactions you’re involved in you will need to:Be Top of Mind when they think about moving - which requires consistent reminders.Be seen as an Expert – which requires a consistent message and Evidence of Success storiesGain their Trust – which requires communicating integritySo, start out by listing everyone you know in an Excel spreadsheet.
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4 January 2025 | 26 replies
Arbitrage is simply transactions.
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19 January 2025 | 18 replies
As others have said, no REI is totally passive, if you find the right group with all venders in place, the investors that I work with find it can be a pleasant transaction.
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31 December 2024 | 97 replies
(C)(1) If the parties dispute the disbursement of the earnest money and the purchase agreement contains the provision described in division (B) of this section, not later than the first day of September following the two year anniversary date of the deposit of the earnest money in the broker's account, the broker shall return the earnest money to the purchaser unless the parties provided the broker with written instructions or a notice of a court action as described in division (B) of this section.(2) If the broker cannot locate the purchaser at the time the disbursement is due, after providing the notice that division (E) of section 169.03 of the Revised Code requires, the broker shall report the earnest money as unclaimed funds to the director of commerce pursuant to section 169.03 of the Revised Code and remit all of the earnest money to the director.Not that this isn't good info for people, but to clarify, HoltonWise has not and did not ever hold any of this buyer's earnest money during this transaction.
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27 December 2024 | 8 replies
To clarify, my focus isn’t on analyzing T-12s for purchasing a property but rather on developing a solid T-12 for managing my property effectively and for use when I eventually sell my investment property in the future.I want to ensure the T-12 I create is both accurate and straightforward, serving as a reliable tool for tracking performance over time and presenting the property’s financials to potential buyers down the road.If you have any advice on key elements to include or how to structure it for these purposes, I’d greatly appreciate your insights.
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16 December 2024 | 7 replies
MOST transaction aren’t BELOW market, although I’d venture that 85% of those buyers BELIEVE they’re purchasing real property at a discount.