I am closing soon on a property that I intend to "house hack" with. It is a 4/3 with more bedrooms than bathrooms. At first I imagined just renting out two bedrooms, however, if I rent out a 3rd, I will cash-flow.  ...

Does anyone have experinece with mold in a rehab. I know there are companies that can "clean" the mold for a relatively cheap cost but I am not sure how well this works. Are there any long term liabilities with this...

Hi Everyone, I have a property under contract in the south side suburbs of Chicago. The inspector found an oil tank and he told me this could be a serious issue. We couldn't look at the tank because it was underground...

we are in a bit shock that one of our nicest tenants (nicest person you could ever meet) committed suicide yesterday and not sure what to do.  The police said that their work is done but that there is blood on the car...

From my understanding, if the landlord wishes to deduct any amount from a security deposit after a tenant moves out, the landlord must provide an itemized return letter with receipts for each reported issue.If a major...

Just received a personal message from a guest who just checked in last night. They said everything looks nice except the toilets are dirty and there is hair in the bathrooms.  There were also clothes left over from a ...

I purchased an old, 1ba/1ba under 1000 sq ft & it needs full rehab. Original plan was to fix & flip but I’m reluctant to go through with rehab & am trying to sell it as is for costs but buyers want to give...

I recently acquired a building and there is one unit which is disgusting, smelly, and dirty. There have been multiple complaints of the smell by the other tenants. The smell equals that of underwear that has been worn...

What are you doing to give back to the cities you make money in? I was proud to have a group of 10 local investors I know join early last Saturday morning to paint over graffiti in the East Lake neighborhood (all BP m...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $348,000

Sale price: $758,000

Run down Duplex

What made you interested in investing in this type of...