Golan Corshidi
Is investing based on appreciation a recipe for disaster?
One of the most common topics discussed on bigger pockets and other real estate forums is the decision between a property that cash flows and one that has the potential to appreciate. To take this further, I recently ...
Lisa Ramos
Owner remodel costs question.
Hi, I broke my ankle in February and luckily the insurance company for where I fell accepted fault and I am expecting a decent settlement. I want to make the most of the money so we are thinking we want to remodel. I ...
Layla Rahm
Buying a place for 200k or renting?
My husband and I need to move to Chicago for 2-3 years. Our dilemma is whether we should buy something for around $200k, or rent for the 2-3 years, rent being $2500-3000. I realize that buying may make more sense, but...
Account Closed
1.2 Million
There seems to be too much money left on the table that even for someone extremely allergic to risk, it seems to make some sense also rehabbing and selling the property to a retail buyer. I am looking at securing $1.2...
Logan Hassinger
Issuing Notes
Does anyone have some detailed information on issuing Notes to help with the initial down payment on a property? So far, what I've read is that you negotiate the Note terms and provide the Note buyer some security by ...
Johnoson Crutchfield
Is this deal any good small multi family
So here’s what I got. 8 unit building in location 3 hrs from my personal residence.Purchase price 157500 Current rented out 3 units at 400/month. Seller offering to finance building with 27500 down. And have the rate ...
Ryan H.
Property Management Agreement
Hello, I'm reviewing a property management agreement (I would be the landlord) with the following terms:- Management fee is 10% of rent- Charge of 15% of rent with each new tenancy.- Landlord to pay property managemen...
Anthony Mei
Is this an illegal 2 unit or what is a “zoned in law”
https://www.redfin.com/IL/Chic...This house is advertised as a 2 unit but it’s zoned RS3 it seems based on database. The description says “zoned in law” for the top floor unit. What does that even mean? Is that a thin...
Serge S.
Chicago (south side) help!
I'm an experienced RE investor in AZ and have only invested in my region thus far. I've been approached by an asset manager I've used to get incredible 50% ARV deals for the past few years with a small Chicago pack...
Corwin Hernandez
FHA 203K Loan
Hello, I am learning about real estate and I think my first step into the world of real estate and was thinking about getting a traditional FHA loan and then heard on the podcast about something called a 203k loan. I ...