I had a thought about a short 20 multiple question assessment to give prospective tenants during the tenant selection phase of filling a vacant property. Each of the 20 questions would have a most correct answer that ...
Hi Chicago area investors. Please share your experience and insight! I'd like to get a 2-3 flat near where I live (Oak Park IL)I have cash can wait till winter & looking at maybe REO foreclosure, Fixer, util of...
Hey everyone,
I been practicing analyzing deals and running the numbers on multiple properties. Im wondering
1. Am I calculating this right? Am I missing/needed something?
2. If these numbers are/were accurate h...
Hello,Currently interested in understanding what the best maintenance strategy would be for my situation. To give some background, my family owns a 52-unit, 14 story apartment building on the north side of Chicago. We...
Hello, so I've seen that FHA loans do not like you to rent out your property until after you've lived in it for a year, and then even then, they seemingly are not compatible at all with short-term rentals (under 30 da...
Hey Bigger Pockets! So, my fiancé and I got tired of being benchwarmers in the home-buying game, and we decided to make our grand entrance in August 2023, right when interest rates were doing their best sky-high imper...
.. I've made a few RE mistakes in my days and, although not my
current profession, I'd like to think I've learned a lesson or two in
RE. That said, I came across this possible deal but am not sure where
to star...
Hello, Everyone. I'm Frank and I've been following BiggerPockets (BP) for a couple months (mainly YouTube), so I figured it was time to take the plunge and figure out where I want this to go. I'm 40 years old and...
So tonight is the 1st Meetup for SE Michigan. Originally this was a BP member event but has expanded to any local investors or newbies. This appears as though it could be a great turn out.
I want to start pla...
Hi All.I have a single family with 3 beds 2 baths in Brookfield, Illinois that has been rented out by the same Tenant for 2 years. Current rent is $2100 per month. Property recently got appraised for $260k. It is time...