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1 January 2025 | 12 replies
Charge the tenants a higher rent rate and include utilities with their rent.
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19 January 2025 | 47 replies
The property owner retains full ownership of the property, including the title, control, and decision-making authority.
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31 December 2024 | 4 replies
I've got a property under contractPurchase price $78K out the door (I have cash to close) Intent: build on the property which already has a functioning well, septic, and needs PGE installed Total buildout on the property utilities: $128K including the original land purchase price.
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13 January 2025 | 30 replies
That hard work includes making the investments that the current owner hasn't made (nicer kitchens, new flooring, fresh coat of paint, etc.), removing tenants and marketing to new tenants.
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31 December 2024 | 3 replies
Fund of fund raisers need to do a much better job including descriptions of both double promotes and possible implications for LPs investing through a fund of fund vs directly.
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27 December 2024 | 2 replies
After conducting thorough due diligence, including a professional inspection and market analysis, the property was acquired for $72,000.Renovation and TransformationThe renovation aimed to modernize the property, enhance its appeal to potential tenants, and maximize its long-term value.
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30 December 2024 | 4 replies
One year many pipes froze in our city, including one of our rentals and our personal residence.
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1 January 2025 | 8 replies
This includes if the property does not close.Your agent should be holding your hand through this process.
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30 December 2024 | 3 replies
If not, then you really need a strong legal structure stating how these properties will be governed going forward, including management, tenant selection, capital expenses, etc.
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5 January 2025 | 18 replies
This form is included with the Illinois Eviction Notice on this site, and will be necessary if you have to file a Complaint against a Tenant for Eviction (next step).Filing the Complaint If after receiving the Notice of Eviction the Tenant has not paid the rent or cured the lease violation (if they have that option), then the landlord must sue the Tenant for eviction by filing a Complaint with the County Clerk's Office in the County where the property sits.