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1 July 2024 | 18 replies
Hi Ropo,@Brie Schmidt is your "go to" for anything Chicago related.I've owned a condo there since 2017 and it's left a sour taste in my mouth as it hasn't moved in value at all.My fault tho as it was a "trophy property" of sorts so only have myself to blame.I've warmed up to the idea of house hacking over the years but still think that "money makes money" if you want to be active.$100,000 can go a long way in many markets when it comes to property flipping.But then again, not everyone wants to be active so I get it.Something to also consider is how landlord friendly the state is.I've heard some horror stories with Illinois but potato "potato" lol.My tenant for example is high net and I get direct withdrawal payment on the 28th of every month and hasn't skipped a beat in 4 years.Wishing you much success
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1 July 2024 | 13 replies
Ownerrez and Hospitable are two that do this for sure, and I think others do as well.Most of them have booking widgets you can use where you still build your own website, but you just include the PMS widget for the checkout process.
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30 June 2024 | 9 replies
Do these posters think BP is a dating site for RE investors?
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30 June 2024 | 8 replies
That being said, the idea of putting each property in a separate LLC is arduous and I think (in my non-lawyer opinion) unnecessary.
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1 July 2024 | 6 replies
That is where I see the problem is after hearing this issue, think that there is a disconnect on it.
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1 July 2024 | 6 replies
We think it’s important as it allows us to check for Non-Sufficient Funds (NSF) issues and to determine if an applicant is living paycheck-to-paycheck.
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30 June 2024 | 6 replies
I was thinking of purchasing small multifam 2-4 units with DSCR and using personal loans to cover the 20-25% DP.
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30 June 2024 | 4 replies
@Natalie CampbellTalk to your attorney but I don’t think the veil ever even existed
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30 June 2024 | 12 replies
You think your guy is going to rectify it ?