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Hope everyone is having a good weekend. I am closing on my first rental in the middle of this week. It's looking to cash flow fairly well for my first deal. I'd like to track the performance of the investment. What do...
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hello my name is ricardo . I'm a new person to this site and investing but I am looking to enter it.
ok I am looking at a property and I got the mls from the agent and I'm looking at a part where I do not know what i...
Hello, I am just getting started in real estate investment properties. I plan to pursue this avenue throughout the remainder of my life ~ next 40 yrs. I grew up remodeling houses with my father and grandfather, so I...
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I occupy one side of my duplex. With new tax laws, I want to make sure I minimize my losses. Anything you’ve discovered that works to your advantage in this situation? TIA!
Hi all, looking for advice on a potential quadplex. Monthly expenses will be $1866 & monthly income $2360. Asking price is $219,900. How high would you feel comfortable going on this deal? Any comments/suggestions...
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One of my tenants is handy with repairs and I have used him to fix issues in units and turn around units to rent-ready. I claim a deduction for the material expenses which I buy at the store, but the labor I just ...
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Does anyone have any real estate agent referrals for far north Chicago (i.e. Zion, Gurnee)? How about Evergreen Park, Beverly, Morgan Park? These areas seem to be a market I'd like to work in. Some other investors hav...
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Hate to be at this point again in the due diligence, but here I am. Ready to learn.
I'm under contract on a duplex (first deal) and after having inspections, I don't know if this deal is worth it anymore. I'd appreci...
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Hello everybody this is my first post and first wholesale deal I am working on.
The property is a SFH in a desirable area on the North Side of Chicago. Numbers are as follows.
ARV: $175,000
Repair...
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I had my property manager tear down a garage on one of my properties last year. In the process, the contractor damaged part of the neighbor's fence. The neighbor then filed a claim with their insurance company, Natio...