Hey All,I have very few comps because of how different my local market is from the rest of Oak Park so I'm not able to easily look at comparable units w/ and w/o HVAC in my area. I know that I'll cut down on my paymen...
On Friday, March 27, the President signed the massive $2 trillion coronavirus Stimulus Bill (the Coronavirus Aid, Relief and Economic Security [CARES] Act) to provide assistance to workplaces and employees. The law pr...
I have been investing in multifamily real estate for about 8 years and have built up a decently sized portfolio of rental units large enough that it is my full time gig. Every property we have ever purchased has been...
I'm currently researching properties near the Pasadena, CA to buy the property and start an Assisted Living business. (5BD,2+Bath) We have close friends that are have been running two Assisted Living homes and are ope...
I have a rental house built in 2001. The water heater is upstairs in a closet (all of the upstairs is carpeted). I have heard the average life of water heaters is approximately 15 years so we are nearing the end of it...
Is $20k difference enough to walk away from an otherwise reasonable deal on a $2M property?
My friend/advisor with more experience says I am being a cheap knucklehead and that the $20k is not relative when you factor...
First let me be sure I understand what it is.
Capitalization Rate = Yearly Income/Total Value
Now right here I already have a problem. I would expect "Total Value" to be what it cost me, but apparently ...
Small apartment building owners employ a variety of investment strategies with their properties, and sometimes this requires refinancing every several years.
Owners may purchase properties with plans to renovate and ...
Improving energy efficiency not only helps the environment but also puts money back in your pocket. Let's explore budget-friendly tips to make your rental more energy-efficient and sustainable for the long run.
1. Se...
Hi everyone. I'd like to know who to contact in order to form LLCs for our rental properties and for my home improvement contracting business (zero employees). Can any attorney form them, or is there a specific type...