Rental Property to Buy: How to Judge Deals in Chicagoland
You found a two-flat that looks cheap on rent. The listing price is $400,000, and both two-bedroom units are offered at $1,900. On a calculator that is $3,800 a month before a single bill. In western Chicagoland that rent can still leave almost nothing once taxes, insurance, a repair, and one empty month hit the […]