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15 January 2025 | 12 replies
Our average construction time is about 8 months after permit is issued and we are always improving.
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12 January 2025 | 12 replies
Good luck with your search!
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15 January 2025 | 10 replies
I’ve had to widen my search radius to smaller suburbs or target properties needing light cosmetic work to make the numbers work.Value-add opportunities: Adding amenities tenants love, like finished basements or upgraded kitchens, seems to justify rent premiums in this market.Navigating the competition:Be creative with financing: Seller financing or partnering with other investors has been helpful to secure deals when conventional offers didn’t cut it.Work with local agents and wholesalers: They often have their finger on the pulse of off-market opportunities, which is critical in a hot market.For those new to suburban Chicago investing, I’d say the key is finding the “sweet spot” neighborhoods—ones on the rise but not yet maxed out in price.
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17 January 2025 | 28 replies
Like others have stated, their price is not always the best especially if you use cashback sites and/or search for coupon codes for other sites.
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7 January 2025 | 0 replies
Rehab Scope:Cosmetic remodel: Painted the interior/exterior, updated the kitchen cabinets and countertops, and installed new flooring.Modernized fixtures: Replaced light fixtures, outlets, and switches throughout.Enhanced curb appeal: Painted the brick exterior, added landscaping, and modern black accents.Timeline: Completed the rehab in just 4 weeks to minimize holding costs.Strategic Upgrades: Focused on cost-effective improvements like vinyl flooring and fresh paint, wh What was the outcome?
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6 January 2025 | 3 replies
I would focus on improving your credit and obtaining a more stable income so that conventional financing is an option.
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11 January 2025 | 9 replies
Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.
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9 January 2025 | 10 replies
You can definitely start your search here on BiggerPockets and connect with agents here.
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9 January 2025 | 30 replies
What I do see is that a strong screening process improves your chances of getting a responsible resident.
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9 January 2025 | 2 replies
Basic staging with an agent usually means they give you insight into how you should:Declutter and depersonalize by removing photos and personal itemsArrange your furniture to improve the room’s flow and make it feel biggerAdd plants, move art, or re-arrange other accessoriesFull-service staging is another option if your house needs more hands-on attention.