Many DIY dig-outs end up with seepage issues.Ceiling height and egress – Even though it’s not a legal unit now, make sure it meets or could meet Chicago’s 7' min height and emergency exit standards if you ever plan to finish it.Permits and documentation – Ask if any permits were pulled or if there’s evidence of inspection.

They are still good companies in both options but you have to understand where you stand so you understand what to expect.

Hello Everyone,
Reports indicate 2025 is on track to be the worst year for home sales in U.S. history based on a news I saw recently, with buyer activity way down.
For active investors - how are you adjusting your s...

It seems the applicant pool has really dried up, as I usually get 50 requests to view.

They use up the property’s most valuable time on market while it’s new.

Winter definitely slows things down in many markets, especially in colder regions.A few strategies that have worked for me during the off-season include:Offering slightly reduced rent for longer lease terms (like 15 or 18 months) to avoid winter lease ends in the futureProviding flexible move-in dates or short-term leases that end in spring or summerIncluding small move-in perks like a rent credit or gift card to boost interest without reducing rent across the boardIncreasing marketing efforts and refreshing listings on listing platforms more frequently to stay visibleIt’s all about staying proactive and making your units stand out.

., "$2,000 over the highest verified offer up to a cap of $X") is pretty much standard.

There are so many things that come up..

Hello all, I finally got around to having my LLCs set up through and attorney and it appears I have been left hanging here.Attorney initially opened 3 California LLCs as well as 1 Wyoming LLC.

That is nuanced, but a few key elements are not taking the current financials, including rents at face value, another would be adding interior space without creating a bad floor plan, which is often converting a sunroom to a bedroom, finishing a walk-up attic, or finishing an unfinished basement.