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I am hoping I can get the answer to this practical question. Yes, I know “if you can conceive it you can achieve it” and “always think positive.” I believe that and I get it. I want to know how many of you are actu...
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I've heard that starting your realestate adventure with a house needing a complete renovation wasn't very ideal. With the numbers, however, I am somewhat interested in giving it a go.The house was built in the 1960's ...
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North Lawndale comes with a stigma, it appears to be a war zone in D areas. However, properties are cheap, and section 8 may provide some sweet returns. Are you experienced in this area? If so, I would like to hear ...
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I’m considering purchasing a property as a second home, with a 10% down 30 year mortgage, and using it as a STR for most of the year. I would also be using it with my family to vacation, so I would be using it for per...
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Remember that if you are denying an applicant tenancy based on their background check you must provide them with an Adverse Action Letter.
This also applies if you alter the conditions given to accept tenancy, ie. d...
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Hey Guys,Does anyone have an email template that they can share, to send out to tenants going over preparing their home for colder temps. Specifically dripping faucets, wrapping outside spickets, checking smoke detect...
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I wrote a post https://www.biggerpockets.com/forums/67/topics/469...Not sure what the rules are but I assume posting the same topic in multiple forums is prohibited, so I'm just posting a link here and asking you guys...
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Has anyone bought stabilized rentals lately in the Chicago area that comes close to the 1% rule? Curious what your latest numbers look like?
For reference, I've been seeing properties asking around 0.85%- 0.9%. And...
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I've been digesting this site for about two years now and have recently become interested in flipping. I would like to purchase a property, rehab it, and then rent it. My question: From a lender's standpoint, what exa...
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So I have an applicant who says she will pay 8 months rent upfront to get the house. It sounds a bit of like overcompensation to me. Is it a normal thing, and what is usually the reason tenants want to do this?