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17 May 2023 | 4 replies
I recognize now that a hard money lender may have been a better option but I am where I am at this point.
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1 April 2021 | 83 replies
As a buyers agent, the more listings I can see the better.We "chime-in" because "wholesalers" tarnish OUR reputation as licensed professionals by presenting themselves to the general public in a way the law seeks to prevent, and the generally uneducated public doesn't recognize the difference initially.
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2 March 2020 | 9 replies
Lastly, it's important to recognize that if you go the hard money route (not knowing if that's what you did here), some also offer refi programs built into your initial acquisition.
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16 August 2020 | 87 replies
Idk that I want to do the deal at all anymore if the taxing body isn’t recognizing it as a 3 unit.
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24 January 2018 | 6 replies
I fully recognize I messed up not collecting first months rent at the very beginning.
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26 April 2023 | 5 replies
@Biib Salmaas Based on the info you provided I'd say you have a good chance for converting back to a 2-Unit.1st and foremost you can try using the following link to check the Chicago Building Department Records and see if you can find any record of the property "Legally" being converted from a 2-unit to a single-family (via a building permit) or if any permit records indicate the number of units on them.As you had previously mentioned, the Certificate of Zoning Compliance Is definitely the best way to truly confirm how many legally existing units the building has, as recognized by the City.
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25 May 2023 | 3 replies
If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.
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4 April 2020 | 4 replies
He's gotten good at recognizing good properties.I use the DealMachine app.
20 May 2023 | 46 replies
You can see this simply by recognizing that about 30% of single families already show income, in the form of long term rents, and neither those rents nor the NOI are even acknowledged in an appraisal.Not only is the small percentage of STRs (1% of homes currently?)
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6 October 2022 | 50 replies
I fully recognize the desire to compare investment opportunities (both across markets and asset classes) and choose those with the greatest overall return; however, sometimes I think individuals lose sight of the benefit of real estate as a long-term wealth generator rather than a get rich quick scheme.