
3 July 2024 | 15 replies
- Tenants can be unbearable with delays for access to make repairs:( Often they play games with repairs, so they don't have to pay rent.How have they been communicating?

1 July 2024 | 18 replies
Often newer investors want things to cashflow and cover their mortgage, but the riches in real estate (in my opinion) are in GAINING EXPERIENCE......so consider just finding a property where if you were to rent in the same neighbhorhood your mortgage is less than that amount (less rental income as well) - that to me is a win period...Are you looking at any specific areas of chicago?

1 July 2024 | 7 replies
The biggest concerns are external factors from the president, the president did not have play in the S&L crisis back in the early 90s, and same for the 08 crash; the president did not effect that or have the ability to play a role in it to see the large down cycle.

3 July 2024 | 4 replies
I have no experience in real estate and have no mentor so I joined to grow my knowledge and better prepare for the journey I'm about to start.

2 July 2024 | 9 replies
Here's why:Future Cash Flow: Once your debt is paid off in three years, you’ll have a solid cash-flowing asset that can provide ongoing income.Asset Growth: Property values, especially near a university, tend to appreciate over time.Debt Reduction: You can leverage the rental income to pay off your debt, essentially using your investment to achieve financial freedom.However, personal comfort and risk tolerance play significant roles.

1 July 2024 | 14 replies
You said you live in the house, so if it is for personal use only, that might play into the decision, and/or if you have a lot of room in the deal financially and have enough to pay for the higher priced, possibly better GC, that might be part of the decision also.In my experience, higher price doesn't always mean "better," but may mean more attentive and experienced and more and/or better resources (like better sub's, etc).

30 June 2024 | 5 replies
You can be sued if it traces back to you, and the FTC will not play around with this.This is why every legitimate company DOESN'T do it.As much as I want to help, it's unethical, and I hope you understand.

3 July 2024 | 55 replies
We did that to streamline the process and gain experience.

2 July 2024 | 8 replies
I was just trying to see if there was anything on the market thats simple to plug and play especially with offer templates designed and already integrated to send out as blind offers.For lead gen I do run an agency so generating buyer leads wont be an issue.

3 July 2024 | 25 replies
So a sponsor that's great for one investor will probably be terrible for another (and vice versa).I'm a conservative investor, so when I invest in real-estate I prefer sponsors that have at least one full real-estate cycle of experience, little to no money lost, low leverage, and high skin in the game.And there is a multi-family operator that has multiple real estate cycles of experience (decades) and it's track record claims no money lost in that time.