Hello Everyone!I’m closing on a 4 unit in Little Village next week. I have rentals in Cicero and always charge security deposits. However I’m leery to do so in Chicago. It seems too risky with the current laws. I’m d...
Hello. I’m closing on my first MFH next week and any help on writing an introductory letter to my new inherited tenants would be appreciated. One has lived there 3 years, one 6 years and one 20. The fourth is new. Ren...
Good morning,As I sit here buying yet more construction supplies for the last finishes for our first major renovation, I'm feeling pretty overwhelmed with how the numbers are adding up. So I thought I would post abo...
I'm having some troubles figuring out what's next. I feel like even if I found my dream deal, I wouldn't pull the trigger and buy. I'm hesitant, because I want to reach a nice nest egg of about 5-7K to pay for down-...
We have been looking at properties to invest in and have made some offers on the very low side. We have not had any of our offers accepted or countered. Today our offer was countered. I like the price we started at a...
Real estate in the US wasn't on my radar.
This option didn't exist for me 2 months ago.
But a woman I met for one hour suggested me to invest in a property she was working on.
And here I am, 2 months later going t...
Hi everyone, I'm Ori from Israel, new to REI, this is my first BP post :)
After analyzing most US metros I chose Indianapolis. I'm looking to buy rentals worth $110K ARV, with $900+ rent, focusing first on cash flow,...
Figured I'd share actual numbers from actual rentals that I have in mostly bad neighborhoods. There seems to be a general consensus with larger investors that C class rentals are never profitable, others say they're a...
Hey guys, I live in the Boulder Colorado area and the real estate out here is going crazy. Listings stay on the market for only a day frequently and they often go for well above listing price. Is it smart to buy now o...
Asking for a friend. The names have been changed to protect the victims. Bill and Hillary have been married for 15 years, they have a little girl named Chelsea they raised together. One day Bill was caught cheating on...