dana dunford

Dana Dunford – Coronavirus Related Tenant Issues and Recommendations

Dana Dunford’s Background Dana is CEO of Hemlane Property Management platform and is an advocate of investing in out of market real estate while connecting investors with local “boots on the ground” real estate professionals. Dana was named one of the Top 20 female leaders and influencers of commercial real estate tech and earned her […]

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1738 Marywood; Aurora – FOR RENT

For Rent at $1050/month  2 bed / 1.1 bath townhome style home located near I88/Farnworth interchange in Aurora. Private entry with concrete porch on rear of home. Granite countertops in kitchen and bath. Microwave, range/oven, refrigerator, and washer and dryer all included in monthly rent. Tenant pays electric and water bill. 2 reserved parking […]

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net operating income

Net Operating Income : 10 Ways to Improve NOI in 2020 in Multifamily

Net Operating Income Ideas to Improve :  Let’s Start with Revenue… As many readers are aware, there are two ways to impact net operating income. Increase revenue or decrease expenses. Let’s dig into the former. 10. Increase Laundry Income by 25% Many laundry machines we find are between $1.00-$1.50 per load. This doesn’t even cover […]

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cost segregation

Linda Martin Schumacher – Understanding Cost Segregation for Multifamily Apartment Buildings

What is Cost Segregation? Cost segregation is the process of hiring an engineering firm to breakdown the individual depreciation lifespan of the components to a building so that these components can be depreciated quicker than over a 27 or 39 year depreciation lifespan of the building. Ultimately, cost segregation works well for investors looking for […]

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Paul Winterowd – Multifamily Financing Scenario for 2020

Paul Winterowd Multifamily Financing Updates for 2020 Paul Winterowd, with Bonneville Multifamily Capital, provides multifamily financing to investors throughout the USA. From late 2018 to 2020, multifamily financing has been very steady. With cap rates compressing and international capital coming into US real estate markets, much of this has to do with gauging the 10 […]

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property tax

Property Tax Exemptions in Illinois

What is an Exemption? Exemptions on property taxes lead to a reduction in property value assessment (EAV or Equalized Assessment Valution) and lower your property taxes. These are NOT a dollar for dollar reduction in property taxes. Some exemptions need to be filled for annually – as shown below. Homestead Exemption Do you live in […]

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freddie mac

Freddie Mac and Fannie Mae Loans When You Acquire More than 10 Properties

Freddie Mac and Fannie Mae only allow 10 properties…right? Right…and wrong. It depends on the loan value of the asset. For instance, if an investor purchases 10 properties (maximum of 40 units) that are considered residential (4 units or less), then that investor is capped and can not put any Freddie or Fannie properties in […]

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