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...
I knew that there would be good years and bad years and maybe a bit of something in between. I own a 3 unit in Chicago and cashflow about 350/month/unit after PITI. I figured that would keep me pretty well set.
When ...
I have been very interested in the lease option investment strategy lately, but when I spoke with my local attorney, a serious risk surfaced that I want to understand more. The risk is on the tenant buyer end (you doi...
I have just established an LLC for my SDIRA. The purpose is to use this LLC to buy and hold a SFR rental. I intend to manage the property myself. Are there any restrictions against using a credit or debit card with th...
I am partnering with a mentor on a home flip but his expertise is more on the contracting side than the financing side so I figured this would be a better place to ask.
The home isn't on the Mls, it's not even techni...
Hello BP! My wife and I are tired of talking about real estate investing and are ready to start. Unfortunately, we can't figure out the financial hurdle of our current situation and are seeking guidance. So here's the...
Economic Update(Monday, May 3, 2021)
Here’s some fun facts. According to University of California Davis’ “Road Ecology Center,” Los Angeles traffic patterns changed dramatically during the pandemic. In March of 2...
One of the most common posts observed in the forums is "I just settled on my 3rd section 8 rental and have a goal of reaching XYZ doors in 3 years, 5 years etc". Many arrive at this strategy through paid mentorship, w...