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13 May 2024 | 16 replies
On Mandi’s loan, communication was poor both by our loan officer (who no longer handles loans) and by the broker involved in the deal, who did not property communicate what was being relayed.
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16 May 2024 | 11 replies
About / Members – Neighborhood Building Owner's Alliance (nboachicago.com)Another great spot to check out would be the Straight Up Chicago Investor's Podcast website which keeps an up-to-date list of meetups as well.
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16 May 2024 | 24 replies
I agree with building upon a successful strategy, rather than stepping too far out of your comfort zone early on.
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16 May 2024 | 1 reply
Is there major tech jobs and limited building starts.
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15 May 2024 | 11 replies
My question is.. does anyone have experience getting a conventional primary loan to build a 4plex and what if any experience can you share regarding the building of one.
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14 May 2024 | 4 replies
@Evelin Negrete - If you don't want to manage tenant communications, hire a virtual assistant for $5-7 dollars an hour and have them take tenant inquires.
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16 May 2024 | 8 replies
You will build experience, you will have a property that builds wealth, and you will be ahead of the curve when the market turns favorable again.
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16 May 2024 | 4 replies
First thing you want to do is start building your network of people who can assist you in getting deals done and then find a good mentor.
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14 May 2024 | 2 replies
Typically you do not need to do it as a double closing, you can do it in one closing you just need to communicate with the owner of the property during that time.
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16 May 2024 | 20 replies
To me, you'll have to try 2-3 months and run through an underwriting exercise of a building/properties about 10 times on each one to understand the true pros/cons of each model.