Kurtis Bonner
HELOC to finance multi family, single family, or STR.
4 August 2022 | 16 replies
Short term rental is probably where I am the most passionate because I want to help people enjoy their time away from work but the top markets are to expensive for me at this time.
Mike Shoe
First Post - First Property
18 July 2022 | 3 replies
Asking $218,000Accepted $210,000Needs $2,000 repair (there's an old handicap ramp/stairs out front that needs to be removed and new steps/railings to each unit installed)My numbers read (after all expenses and 5%for maint/vacancy/capex)CoC 9.91%Cash flow $497Discussions to get seller to pay 1/2 closing which would put me at 10.48%Average rents are $950-$1100 for 1/1I'm planning on listing at $975Also, there is no AC but thoughts of window units/mini splitsThis is my first offer so I'm welcome to hearing any and all constructive feedback.Thank y'all for your time!
Jonathan Mertens
Just something I wanted to share
20 July 2022 | 8 replies
The more meat, the better.
Amber Straub
What would you do with $50,000!?
26 July 2022 | 23 replies
Half of me is very hungry for more and I want to run and the other half says slow down and let things cook a bit!
Steven S.
First Time Rental 2 Bed Room, 1 Bath - Are My Number Right?
23 July 2022 | 2 replies
This puts me at $1,906 total expenses per month.
Mary Jay
Those who work full time+have rentals. Are you guys tired?
25 July 2022 | 16 replies
I work full time+ have few rentals that I self manage+ have a family+ have to cook+clean the house+ have to excercise and I am tired!
James Gamble
Looking for RE friendly CPA in California regarding Capital Gains
24 July 2022 | 0 replies
She gifted to me at which point it was then my personal residence, I did a partial cash out refi but now am selling the home.
Julie George
Chicagoland - Is MyHomeRefund a Scam ?
25 July 2022 | 4 replies
@Julie George A quick google search shows….Apparently, there are thousands of cook county residents eligible for a tax refund, due to over payment.
Brandon Elliott-Pandey
Where do you get your information for market rents?
30 July 2022 | 34 replies
You know your product and all of the improvements in-depth, and if you feel there's more meat on the bone, then it's your role as the asset manager to go for the higher price.
Regina Bailey
Five-Day Notice to Non Compliant Tenant
26 July 2022 | 8 replies
You can no longer give a 30 day notice to a tenant in Cook County.