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Hi folks-I am looking into purchased my second rental investment home. My first one was a SFH in Cincy that has been doing fairly well for 1200/month rent on a 104K property. I live in Chicago but manage it remotely a...
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I know some landlords that manage their own properties and collect their rents personally. I know some that record this income on their taxes and some that don't. Should landlords file rental income on their taxes or ...
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I was just getting started in real estate investing in Indianapolis but moved to Chicago for other reasons. At first glance seems like the Chicago market is saturated and every single property has an HOA fee which I...
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Cook county ILI know couple of investors/rehabbers who need short term financing and have free and clear properties. I will prepare a simple loan agreement (and release) that I can record, once they sell the house, I...
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I see a lot of wholesalers offering properties without a lot of sells. Is this area hard to find buyers for or do buyers want to be closer to the city? Areas like University Park, Steger and nearby. They seem like ...
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What are the pros and cons of accepting section 8? Any pitfalls, do’s or don’t? I don’t know what I am getting into.
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Hi everyone, I want to start a discussion on why Chicago is littered with zombie homes and how some blocks are condemned with zero investor interest. I've always accepted the fact that Chicago's neighborhoods can go ...
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Wondering how people treat this scenario:- Good looking asset and well maintained exterior- Appreciating area (+$3k-$5k per month in zillow value)- Currently owner-occupied, owner has been 100% unresponsive through FC...
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Hey BPers - I'm a new investor living in Tokyo for work, but am looking to invest in Chicago (lived there). I'm still learning but am hoping to make a trip out there sometime later this year for work and pleasure. Bei...
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