Review

Brie is the go-to expert for anyone looking to purchase a multi-unit property and embrace the “live for free” house-hacking strategy. She’s truly mastered this

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The Buying Process

Overview Illinois’ escrow process is similar to other attorney review states in that a real estate attorney is used to consummate the transaction and prepare all the closing documents.

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Building Terms

Flat – this is a Chicago specific term used to define units in a building.  Example:  2 Flat, 3 Flat, 4 Flat – It may or

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Financial Terms

Vacancy – loss of income when a tenant is not living there Repairs – income spent on fixing items for tenants Cap Ex – Also known as capital

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