I bought two commercial properties in 2017.  Both of them have 10 year loans that are fixed for first five years and adjustable rate for the last 5 years.  Both these loans are amortized over 25 years and I have decen...

I got a deal on a major fixer on the south side of Chicago. I bought for $60k and have unofficial offers (both informal and offers that fell through) for up to $170K. I have architectural plans, permits, and the house...

Saw this in the local news.

Large MJ grow operation in rental

Couple of thoughts

1) Applicants supplied their own background checks. - Never allow this. You stay in control and do the checks. I'...

new investor looking for other investors to work with in Missouri. My partner owns a real estate company and is looking for assistance in flipping

So, I've looked at many REOs and they have all had the Appliances removed; I always assumed that the previous owners took them to salvage what they could before the foreclose.Recently there was a property in my neighb...

As an out of state investor I am dependent on my property manager to update me on status of property. We talk regularly, but that doesn't mean I am always fully aware of any potential deferred maintenance or tenant tr...

Lesson Learned! Always check your credit regularly from ALL of the BIG 3 reporting agencies.Cliff notes are at the end of this post.Right at the peak of the housing bubble in 2006 my wife, a single public school teach...

Just bought our third rent house and 3 days after closing it was broken into and the hot water heater and the window A/C unit was stolen (presumably for the copper). Haven't had this happen before and want to know how...

Not long ago, we added two sets of laundry hookups in a walk-in basement of a 4-plex, which previously did not have any laundry facilities at all. (See my post from several months back). That project is done. The prop...