I bought and rehabbed a 2-flat in chicago this year and now I'm turning my attention to the basement. It was a legal 3-flat but the last owner had it decoverted to storage a year before the sale. I was told there was ...

This isn't meant to be discouraging to anyone thinking or buying or someone that already owns.  I have been in my first home for 3 weeks.  The first day I moved in I had no water coming out of the tub or shower head. ...

I need some advice. Do I foot the bill? Do I bill tenant for the cost or half the cost? Here is what happened...I send out a 24/7 plumber on from a large reputable company on Friday after tenant calls. I reminded my t...

I have a question for the seasoned landlords...How do you handle it if a tenant calls you about an issue that they feel is an emergency (which may or may not be an actual emergency) and you are not able to go over the...

Long story short... our tenant has been in his unit for approximately four months and has reported a greywater backup every month in the septic system (while running laundry, backup occurs in bathtub).We've spent over...

In the world Guru real estate professionals, there has always been a trend that's both baffling and amusing: overcomplicating business structures. Let's dive into the absurdity of setting up an LLC with a separate Wyo...

Our rental property is a very well kept, historic home, built in 1924, located outside of Seattle.  We moved our current tenants in October 2014.  Within 4 days, they (the wife, in particular) had caused $12K in plumb...

Greetings;Wasn't sure this was the right forum for this Q, but didn't see a better place.  Definitely Not DIY!So my Milw house has developed a significant mold issue in the basement - which  is now creeping up to the ...

I will elaborate further if asked, but I would appreciate some advice and help. December of 2014 I closed on a property using a 203k loan. The repairs required by FHA were rolled into my mortgage. The repairs were to ...