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31 October 2024 | 17 replies
I'll just be honest...you're in a very difficult spot and there isn't going to be a straight forward or easy way to recover your funds or get the work completed.
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4 November 2024 | 13 replies
Everyone is not cut out to be a landlord and you are one of them.
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3 November 2024 | 24 replies
And most will be able to pay the taxes when they come due, and put on a new roof, and put on a new coat of paint.As well as replace the carpets, cut the grass on a regular basis, replace the windows, reseal the chimneys when the liners crack, etc..It's unlikely that that these homes will fall into the slum category in 10 years or so, and make the asset underlying the loan virtually worthless.Or just vanish when the place starts to fall apart too much, due to no down-payment (no skin in the game 100% loans).Said the lawmakers who approved this.
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28 October 2024 | 15 replies
Is the lot flat and straight forward, or will it need tiering and piering to keep the house structurally sound?
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31 October 2024 | 2 replies
I also do post to local neighborhood groups on Facebook periodically but recently have cut down on my social media dramatically (too much drama, arguing, and general hatred towards one another.)That said, when you meet someone for the first time and they say, "What do you do for a living" I've (finally) pivoted to say, "I own a small real estate business" first (instead of after talking about my W2.)
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30 October 2024 | 9 replies
@Daniel Cullen - we just recorded a Straight Up Chicago Investor Podcast with an investor who did his first househack in Blue Island.
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30 October 2024 | 2 replies
My landscape boys on hte other hand were smoking while cutting my grass probably at about $12/hr.
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30 October 2024 | 18 replies
Any attempt to short-cut the process is going to hurt you.Figure out a side hustle to raise more money.
30 October 2024 | 10 replies
I’d much rather create that reality than simply cutting down our costs and deleting all of our passive income.
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30 October 2024 | 11 replies
Give the builder a % cut in addition to money.