Hi All!Newbie over here! I'm looking to house-hack in Chicago and have been looking at multi units for a while.. Finally found one in Humboldt park that's been around for a while with price decreases, made an offer, a...
Hi, Fellow BPersI recently read "Long-Term Wealth" by Avery, which mentioned a 25% Cash on Cash (CoC) return, and it seemed extremely optimistic compared to current standards. I'm curious about the CoC returns you're ...
An ordinance was introduced this week to re-legalize the construction of new "accessory dwelling units" on existing Chicago properties. This includes coach houses and basement & attic units, which could be added w...
Hi there! Brand spanking new to the world of real estate investing but I’ve seen the light and there’s NO going back now. I’ve been reading books and listening to podcasts around the clock. We are full steam ahead, pr...
Economic Update
(Monday, June 21, 2021)
Fire has always been part of Southern California’s ecosystem, but today’s wildfires are more intense, more frequent, and more dangerous than ever. The memories of massive bla...
Hello Everyone, I’d love everyone’s input on the step by step process.I’m currently gutting a SFH In philadelphia and I was thinking of doing the process this way:2)Frame3)plumbing and then electric 4)bathroom work/ t...
I have purchased a multi family over a year ago, rehab took almost 6 months and it was mainly due to, and a series of poor contractors and poor property managers, as I was doing this from afar. The property was acquir...
How many investors out there have let fear of losing money, stop them from taking a gamble on a property? Was it justified or did you end up regretting not making an offer?
Does it make sense to get money out of a poor performing investment to enter into a better performing investment if the sale results in a loss? I have a duplex with $70k invested into it OH. Way too much money put in ...
I am teaming up with a realtor friend and a contractor friend. I will be acting as the private lender for the entire purchase/remodel, the realtor will be our deal finder/seller and be paid commission, and our contrac...