Hello. I own a property here in FL since 2019, but we are looking to relocate in Puerto Rico. We would like to rent the house for around 2yrs. If we move to PR and we sell the property after 2 yrs: 1- is the 2 out of ...

Here in Chicago the most I’d be comfortable with holding is a trash out fee if they left trash in the yard.

Hi Jayne,You should just be able to just look up the address on your counties property search (tax search) and it will show who has ownership!

I would buy bank/foreclosed/tax liens. maybe put down 5-20% down payment on a 4 unit. 

I saw 1099s between 28k-31k and 12k in expenses i.e. taxes and HOA.

For instance they will need to disclose their fees up front as an example.

Additionally, consider cards with no annual fees to keep costs down.

They always say that there are only two things that are certain in life - death and taxes.

Here is what I'm taking for reserves (outside of location specific expenses like home insurance, utilties, taxes etc.)- 10% for future property management -10% for vacancy-10% for CapEx-5% for repairs and maintenance-5% for lawn and grounds keeping-0.5% of purchase price for PMI based on my credit score For a house hack, is this too conservative?

At least Ashcroft is not taking asset management fee and getting reduced property management fee.