
23 May 2024 | 12 replies
I just turned 28 and I right now, I am ready to learn more about how to get started and take necessary actions that would lead to me hopefully making my first deal.

25 May 2024 | 11 replies
Now a landlord (and architect), I wouldn't build out the space without the second stair since it really is a safety issue/liability (especially in case of a fire) if anything were to happen.Full excerpt of building code below:According to the Chicago building code on egress requirements, the third story above grade plane within a dwelling unit [which in this case is the duplex-up unit], all the following conditions must be met:1.) the building is equipped throughout with an automatic sprinkler system2.) the floor area of the story does not exceed 1600 sq ft3.) the dwelling unit has an exit that discharges directly to the exterior at the level of exit discharge.Your third story attic space is unlikely to exceed 1600 sq ft, but you'll probably find the sprinkler system to be cost-prohibitive.

24 May 2024 | 6 replies
Thank you all Generally self storage is considered "Rental Income" unless there is some substantial services involved.

22 May 2024 | 74 replies
Do you have a preference on asset class (multifamily, industrial, self storage, etc.)Are you accredited?

23 May 2024 | 11 replies
Anyone self manage remotely with a contact in town, but not a full on property manager?

24 May 2024 | 6 replies
Locations should be by PropertySo let's say you have you 2 properties, 1 of them is managed by a PM and the other property is self-managed with 50 units.PM Property - Location is the 1st Property and the classes you should have associated with it is the PM class and Operating.

24 May 2024 | 100 replies
Right now, I self-manage my rental properties, but there are way more passive than a STR.

23 May 2024 | 9 replies
c) Can income (rents paid to me) and expenses (e.g. electrician) be paid directly to the holding company?

23 May 2024 | 11 replies
If she is, it will work wonderfully.My last piece of advice is to buy a few books and learn to self-manage this one unit.
22 May 2024 | 2 replies
No leads so far.This is summer where most of the students are either off on holidays or have an apartment.It is a 1 bed, 1 bath.