My info: Primary residence is a Triplex bought at $320000 in 2011, current est $465000. Rent collected for 2 units $2300. Mortgage, insurance, taxes, & water = $2000 a month.My initial plan: Buy a triplex or quad ...
If you are opposed to rent control in Chicago please click on link and have your voice be heard.http://www.votervoice.net/Shares/BFETcAkuAC6ZPA57o_T7FBA
I am typically very conservative when it comes to taking on debt and over-leveraging myself. But I can't help but think about the currency inflation the Federal Reserve and government have been pushing the past few d...
I buy and hold property and recently did my first flip with my fiancé. We did well with the flip, it was a distressed property that was banked owned and we decided to take a risk with it. It had several violations and...
Hello BiggerPockets community! I'm Alexander Davila from Mundelein IL (Little Suburb North of Chicago), I've been digging deep about real estate investing for little more than 6 months. I'm particularly passionate abo...
And two more big institutions go down today. Lehman Brothers is just plain dead. No buyers, I guess, unless the feds are willing to guarantee them. A Sunday trading session to let the big players unwind their posit...
Where do you see cap rates headed in your market over the next 24 months?We just purchased a B asset at an actual 8 cap in our market. Unfortunately, it feels as if this is the last hoorah and cap rates are only goin...
Here is the verbiage of the current NY State bill: https://www.nysenate.gov/legislation/bills/2019/s8125
and, most offensively, HERE is the website of a movement to "CANCEL RENTS" https://www.housingjusticeforal...
I've read a lot about having a three legged stool approach as a way to preserve and grow wealth involving a hedge fordeflation (depression, falling prices)inflation (status quo, slowly rising prices)uncertaintyIt woul...
What does everyone think about this? IMO completely foolish. They should let the market determine rents, not government. https://www.nytimes.com/2019/02/26/us/oregon-rent-control.html#click=https://t.co/UIxK0K98Bx