Hello,My apologies if this topic is covered elsewhere. If so, feel free to point me to it. We are about to acquire a 10+ unit multi-family residential building in Chicago built c. 1970, and are exploring options for u...
Hello everyone I am out of the Chicago-land area and am excited to start investing in 2020. I am selling a single family rental next year and from that I will have a good size down payment for a great multi-family. ...
Hello All,I have been plugging away at a large sum of student debt over 100k after attending Physical Therapy School for my Doctorate. I am working full time and paying over 2k a month to my student loans and have ref...
Hi all,
Recently I was talking with a buddy of mine who is hell-bent on having a storage unit facility as his primary real estate investment. It seems like an interesting opportunity (when done right of course), so i...
Hy, ont of my renters want to pay me a year of rent. He also want a discount for paying everything up front. What is a reasonable/normal range of discount I should offer him/accept from him? Thank you a lot!
Hey there- I am interested in getting my real estate license in California, however, you have to work under a broker if you do anything that requires a license. If you aren't interested in working as an agent, is ther...
Hi BP,In California (my local market), I'm having trouble deciding which metric to use for buy and hold investments and what I consider a "good" percentage for metrics like IRR or Cash on Cash return. I'd like your in...
I'm considering buying a 5-plex fixer upper in a very nice neighborhood in MO, but the only problem that I see is that meters are not separated so owner is paying all utilities. Everything else makes this a great deal...
I'm looking at properties in Chicago and these rules of thumb are basically impossible. I've been listening to the podcasts and reading about the deals, and the numbers are always for these cheap areas, whereas I'm l...
Which would you prefer?On a 100k purchase...Option 1: 15% down + $41/mo PMIOptions 2: 20% downThe numbers would work either way. But on one hand, I' paying more interest/less principal and also getting a $41 charge, w...