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23 January 2025 | 5 replies
@Sung Yu You can 1031 exchange your fourplex into a single-family home, provided it’s initially used as an investment property (rented for 1–2 years) to meet IRS requirements.
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29 January 2025 | 0 replies
Lower Start-Up CostsTraditional real estate investing requires 20%-25% down, making it difficult for many to scale quickly.
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28 January 2025 | 3 replies
Because there are nuances to seller financing, a lot of space would need to be devoted to covering the subject to make sense, and that requires sitting down to a cup of coffee for a long discussion.
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24 January 2025 | 0 replies
The requirement for a notary to oversee the property transaction further safeguards the investment process, providing both parties with legal protection.4.
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27 January 2025 | 7 replies
If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.
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30 January 2025 | 7 replies
Private notes require more work than Stocks / Bonds, is the added return worth the extra work?
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25 January 2025 | 4 replies
During demo, if they open up a wall and find a leak that requires a change order. the change order should be specific to that repair and have a cost associated with it. 6.
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1 February 2025 | 7 replies
Insurance is still an annual dog fight via my broker.Read your policy very carefully, consider replacement costs will probably be higher than estimatesResiliency is a requirement here.As far as sell or not....it'll depend on your determination to be here.This ain't the burbs of the bay area.Prepping for heavy rain right now.
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27 January 2025 | 7 replies
Agree Google nmls - funny on Facebook where 99% of private lending groups that are public are scam artists you get the "well license isn't required"I reply to this noting that while you are correct in some states - chances of a scammer with a nmls license are less than 1% while those without is 99% on sociale media
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12 February 2025 | 27 replies
I think the height requirements in Chicago are 7'6" and we're right on the edge of that.