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Hi Folks,
Just days before closing on a multi-unit in west Wicker Park we learned the city had revoked the permit for the garden unit of our building. After sorting out that headache, we went through with purchasing ...
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To all the lawyers out there, how does renting a room month-to-month or 6 months apply on personal property affect homestead coverage and liability? Rentals are straightforward, but this is more of a it depends on qu...
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Hi Everyone, I wanted to reach out and ask if anyone has used Anderson Legal, Business and Tax Advisors? While researching how to set up Real Estate LLC's, I came across Clint Coons YouTube videos. I tried searching o...
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So we just bought a 3 bed 2 bath house from Freddie Mac for $24k (cash purchase). Yes a major fixer upper! I was telling an acquaintance about it and he said "oh you bought that?, I heard the bank foreclosed on the...
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What's the liability landscape look like when, for example, grandparents have their grandchildren under 6 visit and sleep over in a non-deleaded apartment? Or what about cases where a tenant doesn't tell the landlord ...
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I have a question if two parts of a lease in Michigan are valid, legal, and or enforceable, and what to do if they are not.The first one: "The renter agrees to vacate the house within three days after being notifi...
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I am looking at a property that is a legal 2-unit apartment with an illegal basement in Chicago. I ran the numbers and it looks like a good deal, even without including the income from the basement (~$500/mo positive ...
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Can a LICENSED investor, with intent to Wholesale the property or assign it, get a property under contract listed by a realtor?
Basically the same scenario as going directly through the homeowners, but instead, you ...
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I have a property in indianapolis that I bought from a wholsaler. The property has been occupied for a number of years by the same good tenant. The previous landlord/owner was doing a side deal to supplement the amo...
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Hello all,
I am talking to this lady who wants to sell her 2 unit property. One unit is 2/1 and the other is 1/1. The property has 2-1/2 garage and total gross monthly rent is about $1,250.
So, I called the city to ...