Hello, I'm new to real estate and I'm looking to purchase my first property in Chicago . I want it to be a multi-unit preferably 3 units. I have about $100k available for down payment, closing costs and I'm hoping to ...
For those who find their own tenants, maybe particularly for low income units, do you include any lifestyle questions in the application or screening process? For example, info on whether they own a lawnmower, how th...
Hello! I have many years of W2 income with no gaps. Recently (April 2022) I left my W2 job to start working for myself. I have made a consistent income from my client of around $11k/month. I tried applying for a conve...
Looking to buy my first STR and having trouble finding one that projects to make a COC return worth investing in. The high sale prices and subsequent mortgage payments kill the net profits. Raising the rental rate w...
Trying to learn as much as possible. Refining plans before implementing them.Most important question: How does one use the "@username" tag to respond / address someone in the forums?Thanks
In my area there are a ton of house for sale or for rent. What should i be doing about getting a tenant into my rental? Lower the rent, waive the deposit/ last month. Some income is better than no income... No??? Need...
I am wanting to form a LLC, I do not feel the need to pay a lawyer with all of the info available on the internet today - but much of it is not reliable and I have not found a definitive resource with this info clearl...
Okay so, we are rehabbing an almost twelve hundred square foot 4 bedroom, two bath house in North Las Vegas.Picked it up short sale for $79,000, the ARV is around $120,000 to $130,000. If you want to check it out, the...
I just returned from the American Association of Private Lenders conference (AAPL) in Las Vegas and thought I’d write a review. If you loan your own money, perhaps run a fund, fractionalize, or otherwise accept m...
Hello, I bought my first home in texas just about 2 years ago, a 2011 built 3 bedroom 1500sqft home for 124k. I owe about 91,500 on the home now and it's worth around 140-160k now. I'm on military orders to move to Sa...