Whether you're interested in residential properties, commercial spaces, or real estate investment trusts (REITs), there are various strategies and approaches to consider.Real estate investing also involves understanding market trends, economic indicators, and demographic shifts.

What if they have collections or judgments?

Non-compliance can result in penalties up to $500 per day and potential criminal charges.

. ;-) There is nothing false wiih what @Henry Clark said.Commercial real estate is broad - Office space, self-storage, Farm, Data centers, residential properties above 4 units, etcIt can be true that one part of commercial real estate is suffering while others is thriving.

Quote from @Neeta Agrawal: For context, we gave the tenant a 60-day notice for non upkeep and no repair communication in 2023 and then extended it for 30 days upon his realtor's request, setting the move-out for May 31, 2023.

Maybe I’m being a little optimistic, but I feel like this is a good starting point for us.I’m not interested in investing outside of Orange County for our first property since we know the area really well.Networking:I’d also love to attend some real estate meetups around here and connect with people in the space.

Interestingly, the records do include the downstairs space as part of the livable square footage.

Depending on why you are evicting the tenant, Illinois has 3 different notice periods: Five Day Notice of Eviction The Five Day notice is only used for non-payment of rent.

Well it looks like non-profits are exempt....So I suppose Dope Traffickers will just buy an ongoing concern non profit and operate that with ownership as an IBC (International Business Corporation) in some privacy haven, or Russia, or Yemin or somewhere (if those places have privacy laws???)

I have non-english speaking tenants, and they registered the tenant portal to pay by ACH (so no fee).