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I'd love to hear peoples thoughts on the pros and cons of the Chicago SFR market right now. Also whether or not you think their are "bubble proof" areas of the city for the rental investor as we potentially approach ...
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How can the Housing "Market" go down, when there is too much demand, chasing too much supply? (Economics 101). Both wholesale and retail.Here are some big reasons it will make it's way higher till 2022-2024 (typical ...
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Inspired by @Brian Burke's harrowing story of surviving the economic meltdown, I'd love to learn what other lesson's people gained through that time. Many survived, some thrived, lost it all... While I don't think we...
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I started preparing for diving into real estate investing since last September. Learning as much as I can and figuring a strategy to get start-up funds. I decided to cashout refinance my home in order to have funds to...
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I’ve been hearing for months that we will soon see a wave of distressed assets and forced sales. I’ve heard of numerous people raising “opportunity funds” to take advantage of what they call the “fire sale pricing” ...
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So I quit my job on January 29 and I’m Taking real estate seriously, my primary method of investing is Wholesaling On-Market Properties.I have a really tight budget and I rather not spend money On marketing starting u...
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Amidst a recession and uncertainty looming in the market, how would you classify short term rentals resistance to economic downturns?I have my thoughts on this, but curious what the people have to say!Only item I'll s...
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Greetings all,I have been told by two lenders now that you can NOT use STR income from a primary residence to qualify for a loan. The income is documented on Schedule E. They WILL use the STR income from my non-primar...
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If I can help it,I only buy units with all utilities paid by tenants.When I started out,I got an older duplex with a shared meter.Have not repeated the mistake since then.6 months ago,water bill at that unit jumped fr...
I was recently having a conversation with a friend and we were talking about rental properties. Friend is an accountant with some rentals of his own, and his brother has various rentals throughout the country. He as...