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3 July 2024 | 2 replies
What made you interested in investing in this type of deal?
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3 July 2024 | 2 replies
It's made especially confusing with the STR strategy "loophole".
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3 July 2024 | 13 replies
I feel like I need to stay and supervise every second to make sure personal property is protected.
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2 July 2024 | 7 replies
I had already been doing projects on the house and over the course of about 8 years I had made quite a few improvements.
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3 July 2024 | 3 replies
I made most of my mistakes in the first handful of deals I did because "I didn't know what I didn't know".
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2 July 2024 | 6 replies
This could limit your ability to refinance in the future to lower your payments.Rental Viability: Renting out a very new home (built in 2019) may not be ideal due to potential wear and tear concerns and the fact that it's less likely to need significant repairs or updates that tenants often expect.Local Market Considerations: Chicago's property market is known for high property taxes and historically slower appreciation compared to other markets.Financial Necessity: If you don't have a strong financial or personal reason to move, such as proximity to work, family, or lifestyle changes, it may not justify the hassle and costs of buying a new primary home.I am a loan officer so feel free to reach out to me directly if you have any other questions or would just like to discuss!
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3 July 2024 | 4 replies
Not at all.I've been answering questions on here for 10 years without ever asking for business and have made 1000s of friends and helped 100s of clients close deals on investment properties.
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2 July 2024 | 7 replies
We love to source local artists in our properties... for example we have a neighbor who does wooden sculptures with a chainsaw, and he appropriately made us a wooden bear for the front porch of our cabin.
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1 July 2024 | 25 replies
I feel that I’m not legally obligated to reimburse or compensate them anything according to the lease agreement!
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3 July 2024 | 2 replies
Feel free to reach out if you like.