Greetings,Well I bought my first rental unit, a duplex and am living upstairs. I have a tenant who is moving in the beginning of next month. I am trying to figure out how to share the laundry facilities.The laundry ro...
My investment partner and I are under contract on a 42 unit apartment building. Built in the early 80s and very little to no capital improvements since then, the property currently sits at about 50% occupancy. As we'r...
I am looking at a 4-unit in Kankakee, IL. or an 8-unit in East Chicago, IN. 79K for the 4 unit225K for the 8 unit. As this will be my first multi-unit building, should I invest in the cheaper one? I live about 1 ho...
I’m looking to house hack for my first purchase, but am not really looking to share living space with strangers. Multi-family is definitely an option (and I’m feverishly looking for multi-family) but multi-family prop...
Tenant texted one evening that the ac wasn’t working. The next morning I show up with a hvac repair guy. Tenant tells us that the ac unit has been making a loud noise for the past two weeks, but just stopped working t...
Hello all- I recently acquired a 2-flat in Chicago (Cook County, Illinois) and there are only two electric meters/panels. Is a 3rd required for common areas and exterior lights? Less the inside wiring, what is an appr...
Hello, I've been renting my house with the se management company for 3 years as I'm in Venezuela and can't do much from there. Last time we rented, since we dont know the Florida Laws for renting a property, the compa...
My lease agreement with tenant is month to month and the rent has to be paid by tenant by the 1st of every month. But now it’s the 3rd already and I don’t receive the rent from this tenant yet. Today (3rd) I’m going t...
Every ethical landlord has a method for selecting tenants that profits his business while operating fairly.
What percentage of potential tenants have you considered low-grade? Where do the low-grade tenants go when t...
I purchased a home that was gutted and now I am in a the beginning stages on getting my prices for insulation and heating. The property is located in Connecticut where our winters can last 3-4 months. The house is:1,...