Hi All -I just closed on a two flat + in law in Chicago (Portage Park) and I'm having some challenges on how to properly manage the utilities. This will be a house hack and a long term hold. Currently there are two ...
with this incredible inflation and gas price hikes.. Anyone worried that 3X rent for your C and D class tenants that are basically pay check to pay check are going to be able to pay rentand still buy gas and grocerie...
Hey guys/gals,I am under contract for my first house in Arkansas and have ran into some trouble with my financing that I hope someone can give me some ideas on what to do. There is a tenant in the house now and his l...
Been listening to the podcast a ton and figured I would give the forums a whirl. Background: I own a separate, successful business and I am looking to diversify and also get some tax benefits from rentals. I grew up ...
I have learned about this solo 401k in which you can use some of your 401k to invest in real estate as long as you pay it back with interest within 5 years. My question is once you pay back the amount you borrow, do ...
I'd like to see what your thoughts are on the following question:
[b]
How far will real estate prices fall in the near-term, and what effect will the decline have on the national economy?[/b]
Lets get a dialogue goin...
Anyone renting out similar units but with dissimilar bed sizes who might be able to confirm occupancy rate differences between the two?A Full XL is 50x80 vs a queen which will leave 18" on all sides of the bed if that...
Hi everyone, I am looking to do medium term rentals room by room in my area. How do you guys go about determining actual sold comps for medium term rentals or getting a pretty close idea to what the market would be @?
Hi All,
I'm new to investing and just signed for Pro recently. I know every market is different I'm just curious to know if anyone has advice on getting started in the chicago market or Illinois in general. Any succe...
The water & electricity are both turned off on this fixer upper property that I have under contract with the wholesaler. Do you recommend that I get an inspection report? I plan to hire a GC to manage all the diff...