It looks like I’ll be closing on my second 3 unit property in Chicago June 1 (finally!). Two of the units will be vacant by closing, and the third unit tenant’s lease expires May 31. This tenant would like to stay, an...
Went under contract on a 5-unit office/retail property this past week. Was on the market for a year, few offers made but none good enough for seller to accept.Was able to talk seller into a lease with option (seller f...
I have a SFR that I just put on the rental market after two years of remodeling. The place is brand new from the studs in. I have had a myriad of unqualified people inquire. I did get a request from a person who is...
Two weeks ago my tenant's dog (listed on her lease) attacked my husband as he dropped by to deliver a Christmas basket (no good deed goes unpunished?). Jumped up and went for my husband's throat/neck but fortunately ...
Thought the EIDL contract terms for those approved needed its own thread.I was approved and I'm at the signature stage of a loan above $25K. I understand the collateral, but the Requirements for Relative Collateral ar...
Seems like wholesalers are pretty much unlicensed brokers. Whats the difference? A broker is the middleman, is that not what a wholesaler is?
What do you folks think about RE agents who have homes listed that are about to go to the Foreclosure auction but don't actively try to sell the property or let their clients know about alternative solutions? I've ha...
Has anyone used Smartmove tenant screening? If so what do you think? Anyone use other methods? I need to improve my selection process and need some advice/info.
Hello guys!Please help!I have a new tenant w/ children who relocated in the area for a job promotion. From the day she moved in she's been complaining about the smallest things(its been 2weeks); one blind missing roll...
Simple 4 page executed contract provided for purchase money mortgage (pmm), seller financing $375k @ 4%, repayment monthly amortized 30 year, 15 yr balloon, no pre-payment penalty. Seller's P.O.A. is a non practicing ...