Quote from @Garry Lawrence: I need advice on a serious situation involving a property I’m about to buy.

And this does not even involve business or real estate!

5k a I don’t mind if it takes a few years, and I’m willing to be as actively involved as needed to achieve my goals.

Whether you’re eyeing a historic greystone in Bucktown or a classic brick two-flat in Irving Park, the Windy City offers endless opportunities to grow your wealth. 

Keep an eye on interest rates and local market trends.

I work on projects across multiple states and have a strong network of contractors.Regarding when to involve a contractor, if it’s someone you haven’t worked with before, I’d suggest waiting until after the inspection.

As someone based in San Diego, I’ve also noticed that investors eyeing California real estate tend to focus on potential future development or expansion (especially if you have the patience to navigate local regs).

Right now, I’m seeing max LTVs closer to 80% on purchases, though before COVID, we sometimes went up to 85%.Also, keep an eye out for lenders who promise amazing terms but demand large commitment fees upfront.

The least states:"Tenant shall pay a "late charge" not in excess of five (5%) percent of the amount in arrears for each month the arrears remain unpaid if any Rent is paid more than ten (10) days after the due date thereof, to cover the extra expense involved in handling delinquent payments.

We are both 28 years old with zero experience prior to getting involved, she works for the business now and I work Blue Collar in the trades.