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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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15 January 2025 | 7 replies
Demand termination of the contract and transfer all documents, funds, keys, and anything else they have to you or the new PM no later than [DATE].
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30 January 2025 | 62 replies
Key point is WITH a SECURED border to stop the flood of 100k-300k monthly illegls.
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14 January 2025 | 2 replies
The key difference, though, was he spent months carefully getting to know the local architecs, reputable builders, and even a couple of niche design firms that specialize in modern builds for mid- to high-end buyers.
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15 January 2025 | 9 replies
Since the payment was deposited into your account on 1/6/2025, it would typically be considered income for 2025, even though the tenant paid it on 12/31/2024.However, if you use cash-basis accounting (which most landlords do), the key factor is when you physically receive the money, not when it was sent or owed.
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15 January 2025 | 8 replies
It’s a great reminder to trust your own due diligence and not let others make critical decisions for you, like hiring a property manager.For future investments, building a trusted team and maintaining direct oversight is key, even with remote deals.
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31 December 2024 | 6 replies
The key takeaway was timing...selling each property in a way that allowed him to hit the 45-day identification period without rushing into a subpar deal.In your case, with SFHs in Jacksonville and Ocala plus that duplex in Port Charlotte, I’d look at where each market stands right now and figure out if there’s a single buyer who’ll pay close to fair value for the whole set or if you might do better by splitting them up.
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5 January 2025 | 1 reply
Many Texas cities are incentivizing developers to build affordable housing units, but challenges remain around keeping these homes accessible long-term. What kinds of policies do you think might help ensure ongoing af...
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13 January 2025 | 0 replies
The rise in home equity over the years can be credited to two key factors:1.
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11 January 2025 | 3 replies
It’s not just about luxury anymore; it’s about creating spaces that adapt to the future and the people living in them.For investors, understanding these shifts is key.