Matt M.
How many of you are strict with the 3x rent/salary?
Hi all,I have just begun to try and stick with the 3x rent salary. Do you ever stray? I have a nice single mom applicant, works 30-35 hours/week at $17 hour, gets $400 month in child support and still isn’t close to 3...
Matt Rasich
Your thought on the security deposit
Hi guys. My name is Matt and currently my wife and I have been living at the same apartment in Chicago for 3 years -- never late on rent. Long story short: My landlord raised the rent by $40 year two and $60 year thre...
Roger Mathew
Lease Ending
Hi everyone, I am new to this forum and would like to say Hi!
I also have a question. I rented this town house in Chicago for 13 months. My job is transferring me to India permanently in September. My lease is also up...
Joel Owens
Note buying?? Who is doing it?? What are your returns??
Okay so my commercial real estate brokerage business is great. While I want to make investments what I do not have a lot of is time to devote for a return because that is a JOB.
I do not like hard money loans for len...
Karim Shah
Land Contracts vs Traditional Sales
I'm looking to sell some rehabbed properties in SE Michigan. The properties are in B/C type neighbourhoods and I'm considering whether it will be easier and quicker to sell them using land contracts compared to conven...
William Sullivan
Is this advice accurate?
After speaking with several real estate professionals, and one in particular, I’ve collected a few controversial ideas and beliefs. I don’t have enough experience to determine whether or not these are accurate assess...
Dan M.
Paying off primary home to increase cash flow?
Dear community,So I have a really weird idea definitely not the normal "strategy" and Id like to hear the pros/ cons from everyone regarding this. I'm selling, yes selling! not cash out refinancing and maximizing my l...
Mike Rubin
Is there anything to do with $2,000?
Is there anything I can do with a $2,000 budget which deals with real estate?
Brian Gibbons
Dodd Frank News Oct 22, 2014 - CFPB Finalizes Qualified Mortgage Points & Fees Cure
On October 22, the CFPB finalized targeted amendments to the Dodd-Frank Act mortgage rules that took effect in January 2014. The amendments include: Points and fees cure. Under the Ability-to-Repay/Qualified Mortgag...
Lewis Christman
Tenant gave notice & now got a dog - how would you play it?
A tenant gave me notice and I confirmed it and posted a letter on the door as well as sent certified letter. She has broken the front door and basically messed up the unit. She is to be out at the end of April. Now...