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15 March 2024 | 1 reply
I know that renting up your investment can be one of the most confusing and nerve-wracking parts of the process (especially in a place with as much bureaucracy and legal hurdles as Chicago) and am more than happy to talk with anyone about that.
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15 March 2024 | 5 replies
Hi Michael-Great question and an important skill for investors to understand.I recommend the ABC's of Real Estate Investing by Ken McElroy and Ken's YouTube Channel.If you are an investor, I recommend finding and using a good property manager for your properties as soon as possible to maximize your return on investment and make owning as passive as possible.A good property manager is a key part of your real estate investing team.Get them involved early in the underwriting process of a potential acquisitions and the planning for adding value.To Your Success!
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13 March 2024 | 10 replies
Thanks again @Jake Handler has a property management company that can walk you through the process.
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15 March 2024 | 9 replies
Once you start talking to more people in the niche, you'll get a better idea of the process and whether or not you want to pursue buying in this niche.
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15 March 2024 | 31 replies
But it is by design because I focus on those types of properties that have the most upside.
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13 March 2024 | 14 replies
It is wise to purchase your real estate in an LLC but no need to over complicate the process.
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15 March 2024 | 17 replies
To directly answer your question- if your PM hasn't already taken action, fire them, hire an attorney to start the eviction process and start interviewing new property managers.
15 March 2024 | 5 replies
You need to ask for all information about the tenants right at the beginning of the application process.
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15 March 2024 | 2 replies
During this process I've run across a property in Birmingham that has some good numbers "on paper."
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15 March 2024 | 1 reply
As of now I’m listening to the “BiggerPockets” the podcast and I just started since the first episode and it just made me have more motivation to accomplish my goals I am in the process of currently changing my major from Marketing to Finance and Real Estate and I would highly appreciate any type of advice, that any of you have.