I have a client who recently completed a 3-year lease. They switched to month-to-month. I was planning on booting them out for a number of reasons but they offered to prepay for the year in advance. Since cash is king...
Hi Fellow Apartment Investors,I am currently under contract on a 36 unit apartment complex in Springfield, IL. The property is a class C property, but it is 2.1 miles from the University of Illinois Springfield. The U...
I understand that a lot of people prefer to structure their rental entities as LLCs to provide added liability protection. This can be mostly useful in the event of a tenant injuring themselves and trying to sue, as l...
I didn’t smoke or vape when I rented from my landlord who has a no smoking policy for his units and property. No problem, I go out to the city owned sidewalk and sit on the curb, off property. I always pick up my butt...
First post, I hope I'm following the rules and I appreciate your help. I bought a duplex in September. One of the sides was vacant and in need of renovation and I had a builder do this in October and November. While s...
I have no problem admitting that I don't know squat about renovating or rehabbing a house. I had always thought those kinds of topics were for more "advanced" investors or actual hobbyists rather than beginners. Howev...
All, I'm new to real estate investing, but I'm good with numbers (I am an accountant). Here's my newbie question...
I listen to Dave Ramsey regularly (and I see that there are several on here that do as well...
I am reading this article and one of the writers wrote what I'm about to post as 4 things to look for in an investment property. I just wanted to see if you guys believe what he is saying to be accurate, and if there ...
Can someone inform me of the dangers of using a non-licensed contractor for a rehab? I have a contractor who does excellent work, is vet professional, and an excellent communicator, which in my opinion is hard to com...
I need some advice on insurance. I have been using Allstate for years and have a couple of issues/questions. A new limit has been placed by Allstate and they won't write more than 4 LL policies per insured. I am gr...