Hello,I have a question about something that came to my mind and I was wondering how someone who is experienced would handle it.Say you find a four plex that you are interested in and all the numbers work out. It is f...
Hi,I wanted to get everyone's perspective on if Chicago is close to a major housing bubble?Looks like Chicago is headed towards the perfect storm: an oversupply of housing, crime, and taxes. There are currently 20 bil...
I recently purchased my first rental property (Duplex) for $65,000. I had to put 25% down for a 30 year mortgage so I still owe just under $49,000. I do have an investment mortgage on this property because I do not li...
Hello All, I have found a local landlord that is getting up there in age and wants to ease out of being a landlord. He has 7 out of 10 of his duplexes left that are all in very good shape and fit our investing criteri...
This is my first time posting so I hope I'm putting this in an appropriate space.
A little back story: My husband and I both come from long lines of generational poverty and are hoping to end that. We are currently r...
First and foremost I wanted to say thank you to all who took the time to even click on my post, and even greater thanks to those who find the time to reply. Time is a commodity we can never acquire enough of. Any word...
Found a foreclosure that I'm wanting to put an offer on. I'm taking my contractor to it next week but wanted to get some of your all opinions before I met with him. I tried to take pics of anything that would need fix...
Hello everyone. We live in northern IL and are looking to invest in southern WI. The property taxes there are half of what they are where we are in northern IL. I'v heard that WI has some little charges, fees, litt...
I have just structured a lease option deal with a distressed seller on a property.The seller has had trouble selling over the course of 6+ months due to the home needing renovations.The property is currently livable a...
Hello, we bought a house a year ago and are currently going through the refinancing. My husband has handled the refinancing so I am not sure of the terms (waiting for it to be finalized to review).
Can you typically...