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Howdy Chicagoans! I have been quite excited about the possibility of this ordinance being passed and in effect 8.1.20 and have been thinking about the best way to implement a strategy. For those who are just hearing ...
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I am thinking about investing for my first time in the Chicago market but am having second thoughts because of consistently hearing about the housing bubble. Housing prices have continued to increase along with taxes ...
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I currently own a pre-fire 3 flat (aka VERY OLD, 100+ years) in a very desirable neighborhood of Chicago and when we purchased it, we purchased it for the land value (tear downs all up and down our block). The house i...
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Hey all, So I need some advice on what to do regarding some terrible neighbors that live next to my 4 unit property. Basically they are harassing my tenants by calling the police on them nearly every day for various...
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Hi all. My family and I are looking to invest about 3-4 million dollars in rental properties. We are deciding between a couple 3-5 units in the city or several (cheaper) SFR in the suburbs and outskirts. I imagine the...
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I'm in the process of buying my first rental property in Lincoln Park and in a sticky situation. The owner claimed it was zoned as a 3 flat, but the zoning certificate came in as a 2 flat a few days before closing. ...
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I am looking to do another bulk buy and wanted to document my experiences here. I already have a commercial lender in place who did our previous loan. The challenge is that I am looking to buy 6 - 10 properties that...
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Hello everyone. New the site, but not new to investing. A colleague of mine has made investment in two properties held by EquityBuild and has been pleased with his experience. I am considering investing in a 16-unit ...
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I recently joined BP after having been enjoying the benefits of great information and discussion across the site. My background is in retail banking and I've since moved to a management role at a fintech firm but I'm...
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Chicago is a hot market now but the State, County and City all have significant public employee pension and healthcare debt (that cannot be reduced except maybe in a bankruptcy). Property taxes are already high, but ...