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26 December 2024 | 11 replies
From what I see all the people answering to me here (and there are so many) are just coming against and refusing to agree with my simple statement: "a landlord is not above the law or norms by its personal choice or presumed capability to judge what he don't know" or as well "a landlord cannot deny or miscarriage a service to a stranger without a known valid reason and at the same time pretend to be operating professionally or loyally to the moral"Basically I'm telling if you are not able to do your business correctly it would be better to find someone else than you, mainly when your ideas about "squatter" or fair treatment are coming from ignorance or completely invented.
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1 January 2025 | 32 replies
I am admittedly a newb in the process of getting all of this set up for my first rental (so correct me if I'm wrong) as well but I have some IL-specific perspective to offer: From what I have read, as of 1 Jan 2024 in IL, landlords cannot exclusively accept EFT payment of rents (includes Venmo, Zelle, etc.) for leases starting on or after that date.
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26 December 2024 | 14 replies
Maybe your seller just wanted to put it under contract first.You're correct about the 45 days.
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14 January 2025 | 28 replies
My accountant said we can do a share screen if I like so I'll take him up on that to find out why 8 hours of bookkeeping cleanup is necessary and not included in his tax return filing price because I already have them reconciled correctly up to date and thought I can just hand off for tax return prep.
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31 December 2024 | 49 replies
Quote from @Joe Villeneuve: Quote from @James Hamling: @Victor Tofilski I can't tell you exactly why it hasn't leased yet but I can pick it apart and give you detailed road map of every deficiency I notice and how to correct.
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23 January 2025 | 56 replies
They could only loan 60% ARV (if I remember the % correctly).
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30 December 2024 | 12 replies
You should have an opt-out of the contract too, so if there is anything that you are not being represented correctly on you can opt-out of it as well.
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30 January 2025 | 62 replies
So I’m not worried about correcting the immigration problem from a Real Estate investment approach it will only go up in price if we do a lot of immigration.In transit to Belize
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26 December 2024 | 13 replies
I believe this is correct, but only limiting to 4 total.
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8 January 2025 | 20 replies
You want to make sure that each step you take is correct and well founded to ensure the best resolution possible for yourself.