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28 November 2018 | 7 replies
If you plan on continuing to invest and have a long-term perspective, then creating an Opportunity Fund and investing in an Opportunity Zone property might be a better solution.What is it that you want or need?
20 November 2018 | 18 replies
Ya don't worry about the DTI dance, its a silly game to play for your first couple properties.
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14 December 2018 | 13 replies
None of this is set in stone because of all the variables that can play into the formation of these entities, which is why it's important to meet with an attorney who is experience in real estate investing to get advice based on your specific needs.To start with, I want a quick explanation of what the Series LLC actually is.
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19 January 2019 | 9 replies
I've gotten quotes in the range of $3500 but continue to call local providers until I can find a company with a more reasonable rate.
15 November 2018 | 2 replies
I see some areas of Kensignton and portions of Cobbs Creek as good long term plays.
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16 November 2018 | 6 replies
The more properties you flip will continually increase your chances of running into a property with a title problem.
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25 November 2018 | 12 replies
It's really disappointing to see the City of Chicago continually supports the idea of the landlord and investor being the enemy for many pockets of the City.
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19 November 2018 | 69 replies
I took a lot of heat in several online forums for my asking price.... and in the end Ive got two great tenants that are respecting our properties, paying rent (on time too), have JOBS, and a credit profile that indicates they will actually be able to afford AND continue to PAY.It takes time - dropping your price will open the doors to more marginal candidates... screen as usual (consistent too).
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15 November 2018 | 0 replies
Seller gets to enjoy their retirement.We get to continue our daily routine as usual, no moving, no nothing.Next is to utilize the equity as a down payment for the next MFH property, hopefully merge another equity partner together to expand the opportunity for my next deal.
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16 November 2018 | 7 replies
At the moment it seems the best thing for me to do is to continue to talk to people for advice and information.