Hello there community, in the recent days I have been teasing the idea of house hacking if I decide to move in the future  in SLC ( love skiing and the nature).  I have read the city’s guide https://www.slcdocs.com/Pl...

We thought about leaving our TV’s logged into our accounts for the free service as an added perk but wondering if anyone else does this?

If the home is 100 yrs old, I'm assuming it's a definite gut which is going to require new plumbing, electrical, heating, cosmetics.I spent about $140K reno on my multi family in the heights on NY ave and there were massive problems with it but it was a gut to 3 units & adding 2 bathrooms, 3 brand new kitchens 4 bathroom reno in total, all new flooring, sheetrock , insulation, framing, doors, electrical, plumbing, paint, parts of roof etc.

I added a bedroom to my two bedroom suite due to high demand last year. 

As the 3rd largest MSA in the country it's hard to generalize the Chicago market as it's actually over 100 different submarkets when counting the 78 communities in Chicago property and then adding in the various suburbs, including in and around Naperville. 

Hey William, what about adding another partner that has experience doing larger deals? 

After tackling affordable upgrades like kitchen makeovers and adding an ADU, they focused on medium-term rentals for traveling nurses.

Improvements are added to the basis and can be later depreciated.Improvements that qualify as QIP, make improvements you make and rent it out.

What counts most in RE are relationships, and this is as easy as going to RE meetups and adding every day just 1 new contact in your CRM, and following up every other month.  

Doing a Fix and Flip in a flood zone is totally fine, but there is obviously added risk on the exit.