Andrew Balint
Cahokia IL Landlords?
31 December 2024 | 22 replies
Supposedly the tenant hasn't paid and she filed for eviction but the judge required the property manager to apply for assistance on behalf of the tenants before proceeding with an eviction.
Joey Chalhoub
Tax Lien Foreclosure and Supreme Court Case
11 January 2025 | 5 replies
The law also doesn’t apply for abandon properties.
Steve Mitrano
Flagstar Bank & LLC Transfer
12 January 2025 | 8 replies
Typically, the same applies to LLCs where you and your spouse are sole members (single or multiple member LLC).
Martti Eckert
Long Distance BRRRR in Ohio
17 January 2025 | 22 replies
@Martti Eckert here's the big issue that no one really talks about that you hopefully find helpful (this is copy & pasted):-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Bryce Jamison
Do you buy older homes for long term rentals?
20 January 2025 | 32 replies
@Bryce Jamison So, explain to us how your logic applies to 200 year old homes in New England area that continue to appreciate?
Josh Otero
What’s the hardest part of being a property owner?
18 January 2025 | 18 replies
There are no problems being a landlord , just buy a property take the first renter that applies and rake in the cash .
Camille Romero
Real Estate Advice Needed
22 January 2025 | 31 replies
Regardless, you might find the copy & paste info below helpful:)--------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Yaroslav Shtogun
Lot split with house on the line
20 January 2025 | 16 replies
Apply for a dimensional variance on the vacant lot to allow a smaller lot and/or setback so it can be built upon.Your best first steps are to sketch a plan, possibly with an engineer's help, then contact the zoning department to discuss your idea with them to get informal feedback on your liklihood of success before you spend a lot of money.
Isla Arshad
Tenant Pays Rent Late and now Claims Harassment when filing for 10 days Notice
7 January 2025 | 13 replies
Be sure that you're applying whatever late fee your lease allows to every late payment and demanding same from the tenant.