Hi all, my tenant is having some issues regarding his shared driveway, and I am hoping to get some advice on how to help him out.There really isn't any street parking, it's a tight street. The driveway is 'Y' shaped, ...
How do I go about firing my PM? Long story short I'm the owner of a property managed by a PM co. We've had the same tenants for the entire time, roughly 4 years. For the last year or so we've had issues with our PM an...
Hello BP! As a newbie with little capital, one option is to find a partner. What are qualities you look for (or would look for) in a partner? What are some important questions to ask? I know that any partnership arran...
My rental has been experiencing quite a bit of electrical issues. I've had a few electricians diagnose the issue and have come to the resolution that I need a majority of the breakers replaced. As the electrician was ...
I am close to closing on my first flip. Closing has been held up for almost a month due to a title issue. A prior mortgage discharge was signed by a company acting under POA, but the POA was never recorded. The sel...
I'm under contract to buy some distressed properties on the south side of chicago. Every property has a city of chicago municipal lien on them from violations from up to a year ago to many years ago. Our goal is once ...
Hi, I just bought a property in November last year and on my tax appraisal, the property is shown way high. Here are some stats:Purchase price $225kAppraised value as of 2018 was $234kAppraised value as in 2019 is $27...
Hello! I have a 4 unit property I am about to put under contract in Kansas City and I am looking for a great Insurance agent/broker, that works with investors! Let me know your suggestions
We just created a C corp for the purpose of wholesaling, and I'm a bit confused about the issuance of shares. Upon creation we authorized 100 shares at no par value. We figured (soon) we would determine a value and ma...
Hello all, I just got a call from the manager of my 52-unit complex. A tenant has a 3 y/o child who has been wandering the complex unattended. The child has been turning off the main water for one of the buildin...