Are you doing it to make squeeze pages and have boxes for opt ins that are tied to an autoresponder?

Stalwart consumers picking up the economy and throwing it on your backs, we thank you.

Most investors opt to submit a LOI (letter of intent) before submitting a formal agreement to purchase when dealing with commercial.LOIs are pretty basic and can save you a lot of time vs jumping right into a PA.

Downsides of multifamily as of yet to be mentioned - four checks each month to follow up on, four HVAC systems to service, four hot water heaters to keep up, etc.As with any other form of investment, some diversification would be ideal.At this point in the game, you could go either way and would have success.I personally would opt to buy a few single family rentals subject-to.

I assume that you use your own contract stating that if the title search shows existing liens you can opt to back out / re-negotiate?

sorry about the low quality..however, due to a small kitchen, and overall small house, i opted to give the buyer a credit for a fridge instead of installing one...call it 'reverse staging'...haha..a fridge would've killed the flow and space in that kitchenthanks for the commments wes..i'm glad you like it..unforunately i never publicly share my rehab costs..i will tell you i bought it for 54,500 and sold it for 135,000...it was a 6 week job that turned into an 8 week job due to some permit delays with the county, among other nice surpises...i will also add that i'm happy with the rehab numbers :)

Forgot to mention after the tenants have been there awhile and become attached to the place from you being a good landlord you can raise the rents closer to market but not at the top.It will cost them so much to move and first and last month down along with security deposit.So they will weigh this versus paying another 50 or 60 bucks a month in a years time.Most tenants will opt to stay as they do not have THOUSANDS of extra cash today to move to save 50 a month.They do however usually have the ability to cover an extra 50 a month rather than move.It just depends on who your tenant base will be.If the tenants are lower income expect more moving and higher amounts of trash each week from hand me downs.They constantly get hand me downs and they only last for a short time so you get a bunch of old TV's,couches,beds,tables,etc. that need to be thrown in the trash.They are not supposed to but they will be dumped at your big trash bin or if you have small ones will be left on the road.You have to make sure you can get bulk pick up for your area.Could go on forever.For your first one you might want to buy one semi-performing before taking this on.The downside there is it will take awhile before you can get bad tenants out before performing the rehab but the upside is usually rehab costs are less than a totally vacant building.Good Luck

See also the Illinois Attorney General page, Homeowner's Rights for the state and Cook county notice requirements and the mandated notice: http://illinoisattorneygeneral.gov/consumers/SB1879_Home_Owner_Rights.pdf

It is very difficult to convince consumers that this is a great time to buy...even though it is really is!

Your only example of someone not legally allowed to require it is the landlord, and as I pointed out above, I won't give it to a landlord.Btw, most businesses that say they require a ss # just use it as a personal identifier (which is the most dangerous use from a consumer standpoint), and they are happy to provide another identifier if you ask them.