I have rented a couple of units to tenants that were brought to me by a non profit agency. Within the first month, one tenant gave us some trouble on her rent and we initiated the eviction process. We contacted the no...
Hi all,I am currently looking for a short term HML on owner occupied home for my parent wishing to "fix and sell" by May 2019.I got a quote for $50k on home rehab on $710k value home in California and have home equity...
Hi folksIf I have an active litigation against a contractor in Baltimore MD, can I still file a complaint at the MHIC office against the contractors? Has anyone gone that route with contractors in Baltimore MD?
Hello,Inherited problem tenant who has a boyfriend and his brother living in a 1 bed apartment. Multiple complaints about cigarette and marijuana smoke. Their unit is filthy, exterminator mentions they are not helping...
Is it possible to sell your personal home to your LLC, then rent it to yourself? If so, what is the process and is it beneficial?
Hello I am a new investor in the Chicago Area, I am currently in process of offering on a property. It is a legal 3 flat unit in Irving Park, I have included my excel analysis below. I will buy with FHA financing (3.5...
Hey BP!Honestly I'm pretty confused when it comes to insurance. I've re-read the section in The Book on Managing Rental Properties when it comes to insurance, but there seems to be different policies available so not ...
So I purchased a small list of absentee owners in a city of interest. I exported the list to Excel and started narrowing it down even further to a manageable size for my first time. Now what? Should I start handwritin...
I would like the know the process after I find a home driving for dollars and the seller agrees to terms. Which type of contract is needed to hold property to resell to buyers
This is probably a bonehead question but I've been talking to some spec home builders and they are paying taxes on all profit from a spec home at personal capital gains tax rate. A heavy hit on a big project. I'm just...