Hey all, I'm a smalltime investor currently living in a flat of a Chicago 2-flat while renting the other out, and also have a SFH rental in OH. I'm not looking to scale anytime soon. I have my personal emergency fund ...

Where do you advise keeping your emergency funds. Standard saving, online saving (better rates but higher minimums), short term CD’s, money market... etc?

Brand new to the game!  A little about me I am most interested in rental properties.  My ultimate goal would be to quit my regular job/cut down to 3 days a week and support myself through rental cash flow. I do realiz...

Hi all,How much cushion should you have saved for fees and misc expenses when buying say an investment multifamily property?For example say I have $100,000 saved and go to buy a $400,000 complex with 20% down so 80k d...

I just acquired a 6-unit building December 31, 2019 on the south side of Chicago, the plan is to rehab and refinance so I have a one year short term loan. I ran into some tenant issues with squatters that has slowed ...

I obtained a signed pre-approval from a lender for a short-term rental (STR) investment at 80% LTV. This pre-approval was specifically tailored for the STR investment I had in mind. However, shortly after securing the...

I am looking to buy another property for $350k and rent out my current house for $2400/mo. The bank has approved me for a HELOC of $100k with 4.5% variable interest and the origInal plan was to use the heloc to put th...

I know this depends completely on ones risk tolerance, but I'm curious what you would do, or have done, and how it worked out for you.Currently I'm working on the former vs. the latter, but it is driving me crazy! To ...

Hi everyone,I have been working as a travel nurse for the last 8 months and have started to save a bit of money now. I recently bought a starter home that I plan on turning into a rental within 2 years. Besides the mo...

I'm trying to run the number on my first STR and I dont want to miss out on any expenses. I have the main expenses like mortgage, taxes, insurance, utilities, repairs/ maintenance and cap ex. Is there anything else I ...