I'm looking into buying a 3flat building in the Chicago area but the building needs rewiring and updated plumbing so my question is does anyone have an estimate for each individual issue? It doesn't have to be accurat...
Start charging water to tenants, the bill has gone very high lately so I am thinking about charging water after I renew the lease flat small fee so they are aware about consumption and be mindful. why should I pay for...
Hi all - we have an ADU in our single family home and have been including the cost of utilities in the ADU rent. We recently started charging our tenants a $100 flat rate to help cover some of our soaring utility cost...
What are all the costs I can expect on having during closing and how can I figure out normal prices or estimate what it might be?I want to figure out a ballpark estimate of closing costs before I analyze properties so...
I'm an investor going onto my 5th transaction in NOVA and I'm considering whether I should complete my VA RE license and get my own broker license. But I could save myself a lot of time if someone here could point me ...
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...
I'm a first time FSBO seller that plans to post a listing in Illinois. Should I be giving real estate forms to my potential buyers at the showings in case they want to put in offers? If so, what forms should I be hand...
I attended a few real estate workshops. Almost all speakers emphasized the need for asset protection, and that the best way to do this is through ownership via an LLC. Following their advice I titled my 2 rental prope...
Hello,
I am using the bigger pockets rental calculator and I am missing some information to get a more accurate idea of the cash flow. I am looking at the New Brunswick market for duplexes.If anyone can help me answe...
Just curious here... How many of you who are flipping properties use a realtor on the back side vs. using other methods to sell the house (i.e. do it yourself MLS, For Sale Signs, etc). While I do see the benefit of ...