If executed poorly, it can crash and burn very quick.

That speaks really well for how well executed the project was.

@Omar E. - Good question.

Gary helps everything make sense by reverse engineering the goal of $1M income and getting that goal chopped down to actionable and measurable steps.The E-Myth by Michael Gerber- Highly recommended no matter what type of business you’re looking to begin - RE Investing, construction, development, property management, etc.

Under 6 months only requires 30 days' notice. https://www.chicago.gov/city/e...That said, these time frames do not apply if the tenant is delinquent on rent.

Here's the event link:https://www.eventbrite.com/e/b...

This was a perfectly executed flip pertaining to the purchase and sale of the property.Purchase: $66,000Rehab: $64,000Sale Price: $182,000Closing Costs: $11,375Profit: $40,625 Lessons learned?

Originally posted by @Derrick E.

Regardless of the size and type of retail property, below are some considerations and tips to consider when evaluating your next retail investment.Types of Uses Matter More than EverOver the last five years, the growth of e-commerce has forced the retail industry to evolve significantly.

We've grown our portfolio up to 22 units and have a mix of tenant payment methods: manual cheques (fun), e-transfers, bank counter deposits and some have done PADs at their local branch.Our challenge has become with the PADs, we don't see any information about the source account owner - our statements just show TransferXYZ to Account ABC or similar vague transaction information.We have about ten units that all pay the same amount and thankfully only a few are on PADs but if we have one that is late - we never know who it may be until we do the dial-around.Is there another solution out there we should be directing these tenants to be using?