Hi all! I purchased a duplex in Chicago and inherited the tenant from hell. She is running a daycare out of the unit, she has a cat and a dog, her girlfriend clearly lives there with her, she puts her garbage on the b...
I got the duplex I even have a quick response from my craigslist post. Then reality strikes. I'm clueless.How much of a deposit?Do I charge a application fee so i can cover cost of screening? How much?Is there some le...
In an earlier post I requested tips on getting started and received very little feedback. I'm going to be a little more direct this time. I'm setting everything up to start making deals, flips and rentals. I want to m...
I had a rental payment processed on 10/4/17 and still haven't received payment. Their Facebook page has a post saying processing that's normally 2-3 days will be 3-5 because they're changing banks. They never sent not...
Hi! My spouse and I are trying to figure out our next steps and would appreciate any advice. We are new to real estate investing and trying to figure out if it would be better to buy a home in our area or focus on bui...
My question is mostly out of curiosity. Does anyone on here have any example of you or anyone else being sued and losing the entire asset, business or worse?I hear so much about asset protection and it just gets me th...
One of my tenants will be moving in July and I am beginning to do tours for the turn over for potential renters and the moving tenant is asking for us not to do tours due to safety concerns because of covid. I notifie...
According to Reuters, S&P has downgraded the US Credit Rating from AAA to AA+ and may likely downgrade again in the next year plus.
Thoughts? Insight?
I realize this may get political, but think this is an impo...