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2 April 2024 | 9 replies
It's only a 60-day lease and in Wisconsin verbal lease agreements are legally binding.
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3 April 2024 | 6 replies
Tenant maintenance includes changing the HVAC system filters, batteries, trash cans, electric light bulbs, fuses, resetting circuit breakers, cleaning of appliances, as well as window air conditioning units, humidifiers, and de-humidifiers, or any other services not specifically listed as supplied in this Lease Agreement at Tenant’s expense.
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4 April 2024 | 15 replies
While I can't provide specific advice on Michigan leases, I can offer insights on lease options.
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4 April 2024 | 6 replies
It's great to keep learning on your own (I'd recommend the Straight Up Chicago Investor Podcast which is specific to the area), but Chicago has a very vibrant investor community and you can learn so much from others.
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3 April 2024 | 7 replies
I use Avail for my state specific lease.
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3 April 2024 | 4 replies
Surprised to find out that my area qualifies for a USADA loan -- a lot of benefits it almost seems too good to be true. 100 % financing and in Turner's book he said that it was an option -- but unsure if you can rent other rooms in a single family house (didn't get the impression you couldnt in Turner's book) but the USADA site says you cant rent out a rooms under a USADA loan "right away" -- whats the legal rule?
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3 April 2024 | 0 replies
Consult with legal professionals to ensure compliance and protect your interests.Emergency Fund: Maintain a reserve fund for unexpected expenses, vacancies, or periods of economic downturn.Regular Maintenance: Implement proactive maintenance measures to preserve the value of your properties and minimize the risk of costly repairs.Long-Term Perspective: Adopt a long-term investment strategy and avoid making impulsive decisions based on short-term market fluctuations.
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4 April 2024 | 16 replies
It is landlord-friendly, and specific pockets have gone upwards of 2-4x in the last 5-10 years.
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4 April 2024 | 8 replies
So whenever you have specific questions, share them on the forum and you'll get a lot of answers.