E.g. You buy a $100k house that has cap rate of 10%, so $10k cash flow.Since you adjust 3% per year for inflation, after 15 years your income is doubled to $20k, yet the asset price is still only $100K, so now you hav...
I have a refi coming up and I have some money left in the slush fund after a basic rehab. What should I spend a little extra on to make sure I get a high appraisal? Kitchen? decks? flooring? Bathrooms? additions?
Hello all, I'm looking to purchase my first personal BRRRR deal in Chicago and I'm a real estate agent. Here are the specifics:Property Type: 2-flat sold via HUD. (First Floor: 2bd/1bath & Second Floor: 3bd/1bath)...
I am having a raging debate with myself over selling a condo using a 1031 exchange to buy a better cash flowing property – or – refinance down from 4.625% to 3.375% to get it better cash flowing.
The condo is in a ve...
So I've been trying to get a commercial rental listing on a vacant unitthe landlord says that he may want to sell his building and that one of the most attractive parts about his building is that the purchaser can wri...
With COVID-19 locking down Chicago, I've been transitioning my focus onto improving operational aspect of my RE portfolio.
Items currently underway:
a. Working with my real estate partner to keep a running ledger of...
I was looking to see if there are any possible grants to fund investment properties and came across hearing about the HOME Improvement Partnerships Program with HUD. From my understanding the Government helps fund loc...
Hi
Looking for a home improvement contractor to conduct Home Inspections in and around the Hartford Connecticut areas. Need a detailed report of scope of work and/or estimated repair costs. Ideally, the repor...
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I'm currently "house hacking" a 2 unit. I was planning on staying only one year before moving on to the next to repeat. But I may stay another year. Anyway, the question is since this is my 'home', I want it to look...