Dylan Cadet
Can I live in an illegal unit to meet the residency requirement?
1 July 2024 | 10 replies
If you look at other threads on the Chicago market this topic comes up a lot!
Kayla D.
Chicago Shared Housing Application Denial
30 June 2024 | 14 replies
The one thing I can say is that if you go downtown to the city of Chicago, you can get to talk to someone which is quite helpful.I ended up getting my operator's license which actually wasn't as challenging as I thought it would be (I went downtown to get it), but didn't end up using it because our airbnb also got denied lol because it was in a "planned development area".I believe there were a lot of neighborhood complaints about airbnbs so that is why they are putting such strict stipulations around 1-4 unit builds.
Sergio P Ramos
Selling a rehab without an agent
1 July 2024 | 4 replies
I'm a bit confused on how a good listing broker could net me more when I'm already at the top of the market.
Zachary Luchs
Ideal real estate market lately?
26 June 2024 | 11 replies
I don't know if there is an "ideal real estate market" these days.
Alex Ng
100% LTV properties
30 June 2024 | 6 replies
I ran some numbers on a few markets and I find I can cash flow 500+ with my 100% LTV method.
Adam Beasley
Sell or hold negative cash flow properties?
27 June 2024 | 0 replies
. +30% vacancy for 24 months, caused by two evictions, one unit on market for 7 months, and the two new properties taking 1 year in renovations instead of 4 month estimate (~$30k of lost income above assumption of 10%)2. $45k from several unexpected large repairs (water leaks, roof collapse, siding rot, plumbing main line, etc.)These issues are also causing me to rethink the assumptions in my model, increasing my vacancy rate from 8% to 12%, repairs from 5% to 20%, and capex from 5% to 20%.
Matthew Neuhalfen
Iowa Laundromat Selling
30 June 2024 | 4 replies
Then together take it to market depending on what that research shows and client needs.
Tiffany Da Silva
Small farm with cashflow home & space to park our Tiny House
30 June 2024 | 0 replies
Found this deal on market & we negotiated normally.
Jon K.
How much do you pay for drywall guys?
1 July 2024 | 58 replies
:texture looks weird. looks cheap, looks like florida houses looked 30 yrs ago and most of them still have that stuff on the walls.it hides imperfections, but i dont like the looks of it.I hate texture, and never use it in Atlanta (buyers don't want it)...But, in two other markets where I rehab, buyers actually EXPECT it!