I wanted to make a super quick post about a topic that has affected most of us investors in one way or another.I previously tried to purchase 2 multifamily properties in Lowell that ended up falling through before I bought Leominster.

As far as property taxes go, I am not certain, but I don't think those are affected since there was no sale of the property that took place.I hope this helps and I wish you the best in your real estate journey! 

From the little research, I just did it doesn't seem the like the Safe-T act will affect Chicago real estate a ton.Maybe you can explain the act a little better so that myself and others can understand, what your concerns are?

There are all sorts of precautions you'll want to educate yourself on before borrowing.A very general good rule of thumb: don't use other peoples' money to try to do something you haven't already done yourself many times before, and don't use other peoples' money on speculative activities.If you're planning to borrow money from a private party, AND also getting financing from a bank (for instance, borrowing money from a family member to pay the downpayment on a new mortgage), you'll need to talk with an experienced mortgage broker about it beforehand--because if you borrow money from a family member, the bank will usually count that debt against your DTI, which affects how much mortgage you can get.Good luck out there!

I did my due diligence and bought a property in 2011 for 73k cash sweat money.... repeated the same a year and a half later and so on..... my point is, sit down and evaluate your specific situation and come up with a game plan that fits your circumstances.  

But again, in due time everything is covered repeatedly with updated information.I started listening to the Real Estate Rookie podcast on Spotify.

It'll affect you negatively on the search results.

Paying down a student loan won't positively affect your leverage to the same extent.

Wouldn't a 5-8 unit be better because a vacancy wouldn't affect you as much?

Are the blinds that were affected on the sunny side of the room?