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I need some advice on how to proceed. I may have committed a rookie oversight when I bought my first tenanted rental last month (only my fourth rental property, overall) from a whole seller in Indianapolis.
Everythin...
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Wow, the economy must really suck because for the first time ever, every applicant has major problems. We have 3 applicants all with different problems. Our rent is $1095 and tenant pays all utilities of about $130/mo...
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We've had a brutal winter in Chicago this year! Lots of snow and ice.
So a tenant in one of our building's rents an illegal basement apartment. We bought the building in Oct and inherited the tenant - I didn'...
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Hi everyone, I’m considering investing in Sacramento and I wanted to see what cap rates investors are experiencing on Class B small commercial apartment buildings (5-10 units). I know there has been quite a bit of cap...
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I've mentioned that I bought a 154 unit building about 9 months ago. They are located on 2 streets 68 on one and 84 on the other. There are 2 water meters on the 68 and 1 meter on the 84. Tenants are billed back the ...
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There is a guy/company selling notes in my area. Obviously due diligence will need to be performed, but I wanted to see what some of you pros thought, on the surface:
1. The performing notes were all originat...
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I'm starting to feel like a jumped the gun a bit on signing the purchase contract. I just found our recently that the house is in a high risk flood zone and just took a large chunk of my returns. FYI the owner/agent f...
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528,000 foreclosures so far in first 6 months. On pace for over 1 million this year. That is a # that, to my knowledge, has NEVER been reached. What will 2011 be? Higher or lower? Where are all the buyers and cash go...
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Hi all,I have been a landlord for several years but I always have a hard time when it comes to tenants moving out and new tenants moving in. It always seems to be a huge ordeal every time. So I am going to describe th...
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We have an inherited tenant. Her and her husband had been there 5 years. He was a landscaper and they traded landscaping services for rent with the previous owner (whom we know). Last November we purchased the propert...