Jared Fisher
Reserves during a recesssion
I'm looking to invest in my first rental property this year and was wondering how many months of reserves should I have saved up considering we are in a recession? I want to make sure I have a cushion in place, but I ...
James Park
Chicago area sees greatest population loss of any major U.S. city
The Chicago area lost an estimated 6,263 residents in 2015 — the greatest loss of any metropolitan area in the country. That puts the region's population at 9.5 million.While the numbers fell overall, there were some ...
Jay Elvin
Using LLC when filing Married Separately
Hi everyone, I own two rentals in my personal name. My wife and I file married separately due to her student loans. Her loans are repaid based off her income and her loans are forgiven in 10 years due to the non-pro...
Ken A.
UPDATE - Single Family homes will continue to go up to 2024
(Updated since 2012)Everyone will be shocked at the much higher prices by 2022-2024. Gains will be higher in the better areas. What can actually drag the “gains” are the stagnant areas that will never go up. Don’t inv...
Derrick Moody
Section 8 Housing
So I am interested in converting my home to section 8 once I put it up for rent. My question is how do I do this or what is the process and then secondly is this a good strategy for attracting and maintaining long ter...
Chris Cooper
Long Distance Real Estate - Oklahoma City OK
Oklahoma City continues to be hot spot for long distance investing. Why OKC? Great Question and I always ask my clients why they chose OKC. Here are some of the answers I continue to hear.
1. (Number #1 by a large...
Ryan Mulkins
Frustration with governor's moratorium on evictions
Recently, our governor posted a 90-day moratorium on residential evictions due to COVID-19. We have had tenants contact us telling us they will not be paying rent due to reduced hours at work. We have also had our o...
Account Closed
I was quoted $16,000 to replace a rotting structural supprt beam
I am looking to purchase a duplex in Chicago with a built out basement, but the inspector was able to access the main support beam and found it was rotten or termite infested. It is a 30 foot support beam. I got a quo...
Greg E
Americans Turn Negative on Economy, Expect Recession ..
Oct. 25 (Bloomberg) -- Almost two-thirds of Americans say a recession is likely in the next year and a majority believes the economy is already faltering, according to a Bloomberg/Los Angeles Times survey.
Full artic...
Mike D.
Have you successfully picked up and coming areas to invest in?
Just wondering if anyone here has been able to correctly predict cities that were on the rise and what signs within the cities signify that it is on the up swing?