As a Chicago landlord, I've noticed many local apartment listings that ask for a non-refundable move-in fee instead of a security deposit. I suspect this is partially due to Chicago's strict laws regarding security...
How would you handle a type of Tenant that keeps your property nice and clean, treats the Landlord with all deserved respect, but is always behind on Rent?
Do you believe that we should be willing to pay more tax to help house the homeless?I'm going to ask again in a minute, but first am going to tell you about 2 of my properties.Rental 1.I've owned it for 4 years wit...
I want to get some feedback on an investment strategy I used in 2003-2005 that I call the "pre-construction flip". It works like this:Identify high appreciating markets (greater than 12% annual)Identify home builders...
Outlined for brevity.Recently bought a duplex. My first multi family investment transaction.Realtor used Form 21 Residential Real Estate Purchase and Sale Agreement.No clauses for requesting the pertinent financials ...
Why I'm Triggered
Every week I read stories on social media about someone’s unfortunate situation driven by the increasing cost of housing and wages that have not kept up….and I’m sick of it.
Part of me wants to mes...
My wife and I just finished our first flip. We put the house on the market about a month ago and have had almost zero traffic (two showings). Empirically, I know this means it's overpriced, despite an initial listing ...
If you missed my other post. I am new and will probably have a few questions while I am studying and analyzing deals the next few days. One question I have right now is whats the down side to buying mobile homes for b...
I am a brand new investor trying to learn the ropes. My long term goal is to have 15-20 rentals for passive income and flip 10-15 houses a year . I have attended a 3 day work shop put on by Success Path which is endor...