We have primarily focused on fix/flips to build some cash reserves. We have the cash reserves we wanted to build, and now want to start maximizing profit on the individual deals by cutting holding costs, getting highe...
So I made a huge mistake with my ComEd bill and the power was shut off on my tenants.I tried my best to restore power after the tenants notified me on a Friday morning, but it was an exceptionally busy and important w...
I am exploring buying a rental property with a private loan from my parents. They have a chunk of money from the sale of a business and need to invest it, but don't like the stock market and don't want to be landlord...
Greetings! I am currently in contingent status on a 3-unit multi family property in Chicago, IL. All units are occupied. The inspection was just completed a few days ago and the report is of 150 pages long. After revi...
I am currently in negotiations with a distressed seller that has agreed to the purchase price, but has asked for 10k outside of escrow upon signing to put some money in his pocket and to help him get situated for his ...
I'm considering placing a reservation for a pre-construction condo in Bellevue, Washington. I'm familiar with the process of analyzing multi-family investments (& own quite a few), but would appreciate some though...
I am not very happy with my existing PM, and I've made up my mind that I'd replace them. I've found a replacement that I am comfortable with.Per the existing contract, I must provide a 2 months notice to the PM, unles...
I have a tenant that has been in place since April 2018. After his year lease was up his lease agreement switched to a month to month lease. Up until very recently he has been an excellent tenant. I never had to worry...
HI, I am new to wholesale and I have a very basic question. I have a property under contract (from MLS and through my agent) that I originally intended to either BRRRR or flip. I changed my mind and want to back off f...
Hi all,
I have heard two good ways to structure mobile home park ownership:
1. The Owner owns one Primary LLC > which then owns several Land Trusts (for anonymity) > then each Land Trust each hold title to one...