To be blunt, this loan product can be very time-consuming and nuanced.

Attend local real estate meetups or REIAs to find other investors who’ve done BRRRR in Chicagoland.

Economic growth means higher household incomes, better employment rates, and stronger consumer confidence, all of which directly fuel demand for real estate.

It allows you to skip the stress and time-consuming process of managing rehab projects and focus on the cash flow aspect. 

On the consumer side with QM I can handle conventional, FHA, VA, and USDA.

I joined this forum to connect with others, learn from those who’ve been in my shoes, and maybe even find people to partner with in the future.If you’ve got any tips, especially around raising capital or structuring your first deal, I’d love to hear them!

That’s more time-consuming, though, and since the lease is almost over, non-renewal is probably your best bet.Also, keep documenting everything: complaints from other tenants, the steps you’ve taken, and any interactions you have with the tenant.

Sometimes, buying an existing property can be more cost-effective and less time-consuming and maybe require slightly less permits, etc. 

I checked the Better Business Bureau for complaints, I checked the NJ State Attorney General consumer division to ensure he was licensed, I checked every reference he gave by visiting sites and speaking with the homeowners. 

:Rental 4: purchased 2024 for 240K with 20% down current est value 245K rents for 1800 a month.I have no consumer dept, I only owe on my mortgages.Some thoughts below:1.