Hey everyone, I am a landlord of a 4-Unit Building in Grayslake, IL 60030 and a 3-Unit Building in Chicago, IL 60607. My coin-op washer is broken in Grayslake and is old. I need to get a new option. Does anyone hav...
And which improvements are NOT worth it?
I'm finally UC on a STR. Been looking for months and really excited about this one.
As I run the numbers, which I am trying to do conservatively, I am seeing that PM companies severely hurt my margins. Obviously the...
Hi all, wasn't sure if I should post this here or in the HH forum as it relates to both. I've seen a lot of people post in the forums about if you're house hacking, to not let tenants know you are the landlord. This m...
Hello Everyone,I just purchased my first 5-bed, 3-bath house using my FHA loan, and I am planning to rent out the rest of the rooms. I would like to keep house purchases like fridge, washer, dryer, etc. separate from ...
My current tenants are coming to an end of the lease. In case they do not stay put, I'd be looking for new tenants in next few months. I was wondering what kind of value-adds can I spend money on to increase rent for ...
I recently purchased a multi-unit where part of the sale was to upgrade the electrical to meet code. That meant going from 100 amp service to 400 amp service from the street, and replacing all the boxes in the basemen...
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I'm considering different washer / dryer options for my rental that already has the necessary hookups. Options so far are don't provide those appliances, provide them and raise rent, or provide them for a separate mon...
Does anyone have experience/ could give me their feedback on my idea? I have the opportunity to turn my 5 unit into an AirBNB. I’ve talked to my tax accessor, code enforcer, and village to make sure we comply with zon...