Hi everyone! I have a potential new tenant that receives assistance from the state that asked me during the application process if we could include electricity in our rent every month. Typically all utilities are paid...

Hello all!I am a new investor in Chicago. I haven't bought any property yet. My plan is to purchase a multi-family home using the BRRR strategy in the Pilsen market with short-term cash (perhaps a hard money lender?) ...

A hypothetical example is all I need.
These are mostly about how the loan officer does business.
a. What is the turnaround time for a pre-approval?b. What hours is the loan officer available for client pre-approvals...

Where conventional and government-back financing have remained difficult loans to qualify for, more and more borrowers are flocking to bridge lenders for loan approvals. Bridge lenders offer a non-traditional form of ...

Happy Friday! Have a quick question. We heard a lot about home warranties but have not used them. How does it work? We just recently had a heater problem with one of our properties and it cost us $2000 to replace it. ...

Oftentimes people get confused whether they should capitalize a purchase or expense it. Hopefully this helps clarify things a bit!
A capital expenditure is money spent by a business or organization on acquiring or ma...

Hi, My partner and I just purchased a triplex. One of the units is currently occupied by an existing tenant. We would like to increase the rent based on market value. What is the proper way to bring that up to the ten...

Hello, I've been studying how wholesaling works for awhile, but I don't have a clear sense of how you get the property to closing and how you get your "wholesaling fee". For example- if I found a property for $80k and...

Hey All, Do any of you have a good way to estimate what your property taxes might be when you're evaluating a property? Specially talking about the Chicago area. Thanks! 

Hi folks - I'm in the middle of closing on my first quad in Fort Worth, TX and have a question regarding insurance policy. From a bit of research I understand that they take on a few different forms such as umbrella ...