I'm VERY new to this, so I have to be overlooking something. In Illinois they do a bid down auction on the penalty interest. And after some research, I found the majority of the winning bids on the liens go for betw...
I brought my property in December 2019. I haven’t got the original deed yet. Im hearing that attorneys haven’t got the deed from title company yet and Covid is causing delay in getting it back from the cook county. Is...
I purchased my first rental property. I have not received a copy of the leases the tenants have from the previous owner. When I asked during the closing process he sent me a 39 page lease. I did not notice it was ...
Hi BP!My husband and I are looking into offering on our first (!) deal in Dolton, IL. It has a decent cashflow and was recently flipped, and the numbers work out well. However, we can't make heads or tails of the prop...
Hello tax lien investors! I've begun researching tax lien investments for some time now, and narrowed down my focus to the state of Illinois. I've started the process of zoning in on target markets, specifically in mo...
I have a tenant in a basement apartment of a three flat in Cook county suburb. He always resists rent increases, tries to withhold money, tries to push remodels that I refuse now. A few years ago, I did some remodel...
Hello everyone!My name is Matt and I am super excited to meet all of you who share an interest in Real Estate! I am from Westchester, New York, and I enjoy meeting new people, reading, working out, cooking, traveling,...
Hi All, I'm going through due diligence on a property and discovered that it has two outstanding DOB violations in Cook county from 2017 and 2020 from the Original Owners ("OO") who are not the Current Sellers ("Selle...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $385,000
Cash invested: $35,000
In March of 2022, I bought my first rental property, a 4 bed / 2 bath house in the ...
Hi All,I bought a MFH for $360k last year in Chicago. I put $80k into it for a complete rehab. It's been fully rented and is generating very nice 20% CoC return (down + rehab cost). Prices have gone up quite a lot sin...