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Thanks to this forum I found NOLO's Landlord deduction guide and it has been a god send. It's answered pretty much every question I had and the examples are super helpful too. Great recommendation.
Anyways,...
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Hello BP!Can anyone recommend a good "investor-friendly" real estate attorney for deals in the Chicagoland area? I'm looking for someone that understands the wholesale process and can coordinate double closings or as...
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7 Reasons to Invest in Single-Family Rentals Sooner Rather Than LaterIf you are looking to diversify your investment portfolio, a great addition might be a single family home to rent out. There are a number of reasons...
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When determining ARV I often face a conundrum with the subject property given the variance between houses in good condition, vs flips with high finish out.
Lets say these are all comparable properties, brick ...
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What is reasonable wear and tear? I have a 2 year old buy and hold. I painted the entire interior and had new carpet put in. The tenant was there for 2 years. They patched the wall holes and left the white spackl...
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I'm working on a deal to purchase 6-10 properties and am looking at commercial financing rather than portfolio due to better rates and terms from my lender. On the deal, I'm able to purchase all the homes at roughly 7...
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I am a newbie in the whole repair estimation process so I am seeking opinions on what I am missing. I ran an exercise after reading the J. Scott's Estimating Rehab Costs book to estimate the cost of replacing the fron...
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A lot of people are saying that the reason why the rent prices are going up so much is because there is too much demand and not enough rental units available. But could bad tenants also contribute to the rent spikes?A...
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How is everyone going about getting insurance for properties? Are you carrying a single policy for each property or a master policy for all properties? Who is you favorite insurance carrier?
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Hi all,I'm relocating to Chicago from Pittsburgh in the near future and face the obstacle of a sharp increase in cost of living. Does anyone have any advice on reasonably priced areas in which to rent that would be ap...