I came across an owner who recently evicted a tenant. He informed me that him and his wife are getting a divorce and his wife would like to sell her 8 plea and 3 plex. He showed me the properties and they are in a B...
Based on the numbers a house I am looking at is a great deal. But it is in a flood plain and will require flood insurance.Is buying a house in a floodplain crazy? Should I run away?
Hello BP!I just bought my first rental property (closing in a week). A tenant has lived there for 3+ years, but has indicated that she is planning to move out whenever she gets a chance to search for and secure a new ...
I am interested in everyones thoughts on getting the highest appraisal in tenant occupied properties. I am pulling some equity out to grow my portfolio with a community bank. I think they are flexible and would allo...
When managing a rental property, here are some common maintenance expenses to be aware of. Some can be passed on to tenants, while others are usually the owner's responsibility:1. Sewer Cabling/Drain Cleaning: When th...
Hi everyone, as I am getting ready to start sending out yellow letter I have a couple of questions.
#1
If I don't have good handwriting would it really have a negative effect on my results, I was going to hand write ...
Hey there! My brother and I purchased a property in Akron recently on March 18th, through a portfolio sale. For this single-family home, we found out right before closing that this tenant was a section 8 tenant, so ju...
I've heard that Illinois is a tenant friendly state. As an investor, does this push you towards doing more short-term investments in Chicago? What do you do to protect yourself?
I have a property under contract where the numbers work and its all good etc.
It will stretch my cash reserves if I go through with the deal because looking through the lease agreements 90% of the tenants work in jo...
In November of 2014 we had the wife of a husband-wife tenant pair inform our property manager she would be moving out. She included a letter signed by her husband stating he assumed all liability for the property. The...