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Hello BP and fellow Chicagoland Investors.Through conversations and research I’ve increasingly heard more about East Garfield Park and Austin (especially East Garfield Park). It seems like both areas offer strong cash...
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A tenant of mine caused a major plumbing issue after admitting to pouring cooking grease down the drain over the past 4 months of residency. Needless to say my plumbers tried a number of different methods to unclog th...
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Hello everyone!Just curious as to the perception of white, black, and stainless steel appliances in rentals. The area is middle class blue collar. Probably paycheck to paycheck if single or doing slightly better... ...
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Fellow BP colleagues...I need a sanity check. So I started looking at SFRs as a rental property since May. I have finally found a 4/3 property in the Tampa Riverbend neighborhood and have my 69K offer accepted. I h...
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If I have a tenant who is month to month, can I send an addendum for them to sign that says owner is no longer responsible for repairing or replacing appliances? I am managing 15 doors from out of state and I’m lear...
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Hi All!I've been a silent BP podcast listener and forum reader for the longest time - finally decided to pull the trigger when I qualified for a loan for my first SFR investment property earlier this week.I'm a 26-yea...
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If anyone is in the Plainfield or Western Suburbs area that wants to talk REI over lunch one day let me know. I don't think I'm networking enough with like minded people. I find myself talking to friends and family ab...
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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...
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Working on creating my policies for becoming a landlord in Chicago, IL before i buy my first building because of the highly ambitious goal of having 1000 rental units by the time I'm 40 (which will be in 13 years from...
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My first rental is a B class SFR, Rent 1500/month. I put all new finishes and it LOOKED really nice. I went to do my first rental inspection after 5-6 months( while doing a walk through with an appraisal company to BR...