As many of you know, Proposition 10 is on the ballot for November, and if passed, it would repeal Costa-Hawkins which significantly prevents individual cities from imposing rent control. It is shaping up to be a majo...
Need some advice. I'm looking at a 12 unit property that IMHO is overpriced because it breaks even ($0 cash flow) after all expenses and debt service (1.0 DSCR). Cap rate is 5.8% which doesn't seem too bad. I'm try...
An ordinance was introduced this week to re-legalize the construction of new "accessory dwelling units" on existing Chicago properties. This includes coach houses and basement & attic units, which could be added w...
The Opportunity Zones program was established by Congress in the Tax Cut and Jobs Act as an innovative approach to spurring long-term private sector investments in low-income urban and rural communities nationwide....
So, I'm looking for a STR for an upcoming weekend, and I really don't think I have noticed this before - to this extent. Fees are way up. The nightly rates are fine, but when you look at the total, everyone is adding ...
Since 2012, I've been on the sideline watching, learning, and saving to get into real estate investing. I'm 28 yrs old now and finally have some funds saved up and set aside specifically for real estate. Not a huge am...
What's appropriate here? First, I have not signed anything with any agent yet. Second, I flew to a different part of the country to look at properties in the chosen area because the cashflow is much better there than ...
At a private fund raiser ( Bush was secretly video taped on a cell phone ) Bush JOKES about Wall Street and the housing meltdown. The video is now on the internet.
He really sounds DRUNK him self!
http://news.bbc.co...
Hi All,I'm curious how people are continuing to justify buy-and-hold investments in Illinois suburbs with the current state of property taxes. I've got my eye one pretty inexpensive property which is listed at $80K, w...
I know that the consensus is that "due on sale" is almost never triggered in the real world.
However if someone locked in at a historically low interest rate today and then deeded the property to an LLC (or some oth...