Tax foreclosure sales are the government forclosing upon the taxpayers property.

On top of all of the state laws, there are federal laws on how to handle foreclosures and REO properties.

The mortgage is secured—or collateralized—by the house, the buyer’s name goes on the title and the mortgage is recorded with the local government.2.

So many rental markets in Chicago and surrounding suburbs (Cook County) are dominated by renters using government vouchers to pay for their rent payments.

If you plan on buying condos it is critical that you review and understand the Governing documents for the HOA you are potentially buying into as well as understanding the current operating budget and reserve funding plan.

My apologies for this but philosophically speaking, only the insecure companies that lack performance would get upset and their panties in a tangle over my post lolFacts are factsPoor online presence with amateur websites.Poor online reviews from landlords and tenants.Even jail time for committing government fraud.Toledo has seen quite a bit of these shady operations over the years and is notoriously known for some bad actors.For example, just going through a scenario now where a landlord is transferring 10 properties to us from an "established" PM in town and they are providing us with wrong tenant info and aren't paying monies owed to the landlord...And these guys are "born and bread" locally and have been in the PM business much longer than us.Off the top of my head I know of 4 such PM companies in Toledo.When someone wants to leave our PM company, we happily and quickly abide to any request made.If you can find and do better elsewhere, who am I to stop it.I have the same mindset not just in business but in personal relationships.Not saying all are incompetent and I believe the newcomers to be genuine.But standing the test of time will tell.Here is to a great 2023 for all 🙏Wishing everyone much success 

HOWEVER, if you rejects a rental applicant because of something learned from the applicant’s credit report, the federal Fair Credit Reporting Act requires that you send the applicant an “adverse action notice” advising them that they have been denied the rental in part due to information obtained from their credit report.

We recommend setting up a dwelling policy (landlord policy) making sure that it is set up for short term/Airbnb rentals, has adequate coverage for furnishing, decorations, and personal property. and then also having an umbrella policy is recommended,  also umbrella policies can add extra coverage to some if not all of your other assets and insurance policies including your auto policies (this all depends on how your policies are set up, you may need 2 umbrellas, 1 for the business side because of commercial policies, and 1 for personal policies)California has intense rules and regulations when it comes to asset protection, having your LLC's properly set up and making sure that the proper entities are getting taxed by the state government. 

They are a government agency.

If you study inflation rate from Government data the last 50 years or so and take out the outliers ( years of hyper inflation like now and years of negative inflation you get an average).