Please feel free to message me directly or comment here if you have other questions, concerns, or feedback while using our new Deal Finder tool! 

A hypothetical to see how people factor costs when rolling equity forward into additional purchases.For this example assume  you purchased property “A” for 100k, and put 25% down. 2 years later you sell it for 125k so you now have 50k (25k from your initial down payment + 25k in equity).

Starting with a solid education, like you’re doing, is key.If you're ever interested in discussing strategies or just want to chat with someone who's been through the early stages, feel free to reach out.

Or would it be more cost-effective to replace just SEER condenser and evaporator coil for the AC?

Feel free to ask any questions you have!

If you'd like to chat about investment opportunities, feel free to reach out!

The plan: I am identifying on/off market properties that are targets, will do all of the real estate work (listing, showing, advertising, vetting, etc) and will split the cost of the purchase of the home and the material costs for any needed repairs.The contractor will be subbing out portions of the job and be on site mostly full time until the project is completed. 

We know that a dual fuel system would be more optimal, but the cost of running a gas line and venting is likely higher than adding another circuit for the heat strip.Furthermore, we are looking for recommendations for an HVAC installer in Chicago.

I haven't done this as this is going to be my very first property, please feel free to ask any questions:Potential Rental Income: $1000/- month (Right now through housing, but rent is due for increase)Taxes: $2600/-Utilities Water/Sewer: $800/- (Rest of the utilities are paid by tenant)Purchase Price: $124,900/-

Hope this helps and feel free to reach out with any questions along the way!