I bought a major fixer-upper in Chicago a few years back. I completed the rehab in 2021. I got it all done without a permit including electrical, plumbing, HVAC.
Okay. I know. I know. What I did was not exactly best...
Hey BP Landlords,Does anyone have experience with landlord responsibilities during a power outage caused by weather? I had a tree come down on the power line to the multifamily last night. The utility company should b...
Hi Everyone,
In short, may I ask for advice on how to get title cleared from county records?
Long of it. The house is fully paid more than a decade ago. The mortgage company filed the necessary form to the county at...
There was a small fire in one my units and the unit will be unlivable for at least a week. What do other landlords think about my obligation to pay for temporary housing (i.e. hotel room) for the tenant while the unit...
If i am planning on house hacking a duplex. How do i go about living in one unit if both are already rented? Do i inform one of the tenants that i am moving in and give them a certain time frame for them to leave or d...
Hello,We are trying to refinance however, lenders are asking that we request a payoff or subordination of a lien held by HUD. We would like to know if you would recommend that we challenge the lien based on the follow...
I paid a project manager to manage a new construction. When I asked him to issue 1099 MISC to all the subcontractors, he said since I paid them directly ( I issued checks), it will be my responsibility to issue them 1...
Hi BP Landlords,
I have a military tenant and he just called to say that his February rent will be paid “as soon as the Government Shut Down is over.”
What is the best way to handle this situation, especially as the...
I have posted several times on the need to review the definition of Insured when conveying property from yourself to an LLC to be confident the LLC will be an insured under the current policy. I'm amazed the Insured ...
Asking for some assistance for a newbie landlord here. We recently had some ice dam damage which resulted in a leak to the master bedroom ceiling/dry wall. i'm going to have to have a company come rip up the drywall...