27 August 2020 | 17 replies
I analyzed properties everyday, from there I would narrow down certain ones to tour, after touring I would narrow down ones to make an offer on, I would make offers that were favorable to the return I was looking for, most offers would get rejected, but some ended up working out.I believe with the 1st property, timing was on my side.
26 May 2020 | 5 replies
This is, at this very moment, being discussed in Springfield: Rep Delia Ramirez has introduced new legislation in favor of rent abatement and now she has support from Chicago Representatives and Senators.
26 May 2020 | 6 replies
In light of this, you'll want to run your numbers strictly as a flip, even though it will be a live in flip. 18 months isn't enough time to have the buy vs rent part (or live-in part) of the investment play out in your favor.
24 May 2020 | 7 replies
Abby - do yourself a favor and hire a good property manager that can communicate with tenants on your behalf.
27 May 2020 | 5 replies
The crime rate seems to be high and I have not got any favorable appreciations in this area for the last 5 years.
2 June 2020 | 8 replies
During litigation there is more pull on potential settlements for more favorable modifications.
26 May 2020 | 6 replies
You will be doing them a favor and you will be doing anyone they sign a contract with down the road a favor.The way I see it with tenants and the contract is that if you don't hold up on your end, they're quick to call you out on it.
30 May 2020 | 20 replies
The market has been in our favor for long time so much that you could mess up a rehab but the home prices were still going up so you still made money.
27 May 2020 | 2 replies
You won't be able to get a conventional 30 year fixed loan if the property is under an LLC.You'll need to look at commercial/portfolio loans which will have a slightly less favorable term/rate.
3 June 2020 | 9 replies
Sounds like an excellent opportunity and you were able negotiate a very favorable discount given the market uncertainty.