Nick Crider
First time buy/rehab/hold
28 May 2024 | 0 replies
I have long wanted to hold rental properties as retirement assets and to supplement my income from my full time job.
Nick Crider
First time buy/rehab/hold
28 May 2024 | 0 replies
I have long wanted to hold rental properties as retirement assets and to supplement my income from my full time job.
Henry Lazerow
Be sure to raise your rents in 2024!
27 May 2024 | 14 replies
We are getting about a 10% increase on new listings in both suburban markets like Berwyn and also our city rentals in Albany Park or Irving Park.
Brandon Dunkin
Section 8 Timeframe
28 May 2024 | 3 replies
Some states require landlords to accept Section 8, while others do not.There's also a process with the landlord passing an inspection, signing the contract, etc.I recommend you contact your housing office and ask them what the process involves and how long it will take.
Jonathan Lane
CASH OFFERS AND PROOF OF FUNDS LETTER
27 May 2024 | 23 replies
I would be communicating with my HML prior to the purchase to make sure we are all on the same track and once the offer was accepted let my HML know and get the hard proof of funds.
Tonatiu Ortega
Beginner looking to house flip
27 May 2024 | 7 replies
My Idea is to start with fix and flips to make some “quick” profits and then use that profit to get into more long-term, cash flowing investments.
Duane A. Snow
Need as many options as possible to get deal done TODAY 5/27/24
27 May 2024 | 4 replies
Hello,We are looking to buy STR/Storage pole barn for $275,000.
Stephen Heebner
notes vs. note funds
29 May 2024 | 15 replies
I was a lender/banker that, after a long career on consumer mortgage and then commercial banking/lending, went to work for a community bank in Florida that was operating under a "memorandum of understanding" with regulators.
John Vela-Garcia
Renovating vs New Build
25 May 2024 | 14 replies
Quote from @Robert Ellis: new builds set the price premium in every zip code I've ever studied. in addition new builds don't take 9 months. we just built a house in 60 days. we wait till permits are approved and shovel ready, investors buy land cash, entitle, contracts, negotiate with financing, place financing when we are ready and break ground. but we build the same over and over and don't go outside our Floorplans 60 days from Dig date maybe.
Jeffrey Richard
Risk of using leverage?
28 May 2024 | 5 replies
I learned this the hard way not too long ago.I invest in similar areas and I do use leverage to buy properties but I have starting using the techniques that I mention above, keep a good cash reserve, and I am more aggressive on the debt paydown than on assets that have good appreciation.