Hi everyone, here is the housing market update I publish for clients each months. As always, there are some interesting surprises! This is data for the Chicagoland metro area sourced from Midwest Real Estate Data LLC....
Greetings,Here is an update on the current National Commercial Office Real Estate Market in The United States of America:Office vacancy has continued its climb so far in 2023, reaching a record 13.4% nationally, w...
National Association of Realtors Chief Economist Lawrence Yun recently wrote an article stating that we're in a "Bizarre Market" in which he stated "With a strong economy and the lowest unemployment rate since 2000, m...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $335,000
Cash invested: $50,000
Sale price: $430,000
Our first home and first "investment". Long-term live-in f...
Hey guys,
I have been following BiggerPockets now for about 2 months.
I have learned a tremendous amount in just a matter of weeks. I read here. I listen to podcasts here. The site has everything!
In addition, in...
As part of building my team, my brother and sister in law live in the area where the rentals i'm acquiring are. They will be doing odds and ends types of things to help prep the house for rental. Things like:- Paint...
My wife and I are looking to invest in a single family short term rental property. We've had our fair share of hurdles since making the decision. The newest one is that our lender just told us that we will have to pay...
Our 2 co-tenants are great. They pay rent on time (despite pandemic). They clean up after themselves. They remove weeds. They are peaceful and mostly quiet. But, smoke a little.
But, their guests overstay, smoke prof...
I've got my first deal underway. Monthly rent $1600 total for both units. ARV 130K. Picked it up for 62k, and it needs ~20K of rehab. We close in 1 month. I'm intending to do the interior painting myself so that shoul...
I have a contractor that would like to partner with me on a few flips. I would be the money guy and he would handle all the renovations (manage subs, etc)
What would be a good split?