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14 July 2024 | 6 replies
This change is significant for the financial feasibility of ADU construction in Chicago since water service costs can be more easily justified when collecting rents from two additional unit.Also proposes to allow larger units and to allow ADU construction in any zoning designation.
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12 July 2024 | 8 replies
My experience was getting my personal credit utilization high as I bought product for my business, and subsequently my FICO went low; therefore financing was increasingly difficult.
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10 July 2024 | 4 replies
To summarize, your JADU should not be rent controlled due to 15 year exemption.
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12 July 2024 | 40 replies
I was into it for $25k and put $15k make it rent ready.
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12 July 2024 | 2 replies
On the purchase side, the elections is that any meaningful move in mortgage rates could increase buyer demand.
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14 July 2024 | 3 replies
I plan to completely rent out the property.
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11 July 2024 | 12 replies
There are some markets that it makes since like in California or where there are higher rents.
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11 July 2024 | 10 replies
You can also target 2-4 unit multifamily homes like a Duplex or Tri-plex to help take advantage of the other unit rents.
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12 July 2024 | 15 replies
What we are seeing is a massive increase in the number of properties for sale which has resulted in more competition between sellers and more of a balanced market than we've seen in a long time.If we continue to have a high number of properties for sale and a shortage of active and able buyer's then we should have some really solid buying opportunities even if the overall market doesn't drop.