Purchase price: $88,000 Cash invested: $44,811 Sale price: $190,000 1 bed 1 bath 3rd floor walk-up just a block from the lake in Roger's Park.

You want a figure where you don’t care about the stock market going up or down.  

I have already lined up a professional property manager (the STR is out-of-state) and a design team (we are upgrading every room in the house and adding a ton of amenities). 

. - The insurance industry like many others (including our industry of home remodeling here in Chicago) has escalated exponentially in cost.I've got several local Chicago brokers I can share with you, but I think no matter what your rates & premiums have probably gone up...I will send over a couple of contacts for you.Just curious, what neighborhood of Chicago is your building in?

The property management company has developed a plan to meet this requirement:a) cleaning all windows troughs and sills, scraping and painting of window troughs and sillsb) scraping and painting of all previously painted floor surface that is chipping or peelingc) scraping and painting of any exterior paint that is chipping or peeling including garage decks and house d) scraping and painting of all exterior door thresholds and jams Their estimated to complete this pre-inspection repair work is $500.The certification inspection is $350City filing fee $50Property management coordination fee $50I need to know if this certification is mandatory or not, maybe Cleveland realtor and property manager on Biggerpockets could answer me and clarify my doubts.Let me know pleaseThank you very much

Ended up selling for higher than expected which makes us want to return to the neighborhood for another one!

The redemption has passed and I am now selling the property and have a buyer lined up.

Hello All, I am a someone in his thirties who doesn't come from much and was taught very little growing up in the form of financial literacy.

The difference is the bank underwrites your file up front and offers an ELA or "Express Loan Approval" which is a guarantee to close in 15 days or less.

Why can't the investors simply invest with a GP who is active in that market?