Hello Everyone,Hoping to get some advice. We just settled on 1/6/15 on 12 townhome complex and inherited 11 tenants (1 vacancy). One of the tenant is a police with a police dog living with her. After we settle, the...
I have a prospective tenant that is eager to move b/c he is living out of a hotel now (in the midst of a divorce; divorce hasn't finalized yet).He hasn't started the application process yet but when I mentioned cost t...
Hey everyone!Upon graduating college ( I am currently a sophomore), my goal is to immediately house hack. However, I am most likely going to be working in Chicago at a real estate company. How can I house hack in a ma...
Hi all,
My long term tenant has asked what I thought about adding a dog to the household. My lease agreement states no pets, certainly I can add an addendum. What are landlords requesting from the tenant if they ap...
I was just informed by my property manager that my tenant was just jumped and robbed. As of now, I don't know who this person who jumped and robbed my tenant came from. Do you have any tips or advice on how I deal wit...
While driving around this morning scouting a neighborhood one of my partners and I came across a corner lot on a middle class street across from an elementary school. The house had burned and the owner was asking $20...
Daily Dose!3 Must Haves:1) You Still Need CashYou won't be able to finance 100% of the purchase price and renovation costs in the vast majority of circumstances. To make the arrangement appealing to your lender, you'l...
I am new to the loan process.I am looking at this scenario:$1.75 MM building$475K Cash Downfinance $1,225,000I have loan options. Building yielding $116K per year prior to PITI.NIO about $65K currently.Regular mortga...
My wife and I purchased a house hack and have been renting the upstairs unit on Airbnb. We recently had a guest who booked our place for an entire week (total payout to us was ~$1K). However, the guest never stepped f...
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