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I'm debating whether to purchase my mother's home through a private mortgage as a way to start house hacking but want to make sure I am able to build equity in a way that will allow me to use it to purchase a second p...
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I have heard many stories of OOS investors having bad experiences with PMs taking advantage of them. Things like charging $500+ for "tune up", replacing windows, etc. when in fact, they didn't even stop by the proper...
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I just accepted an offer and my attorney suggested that contract get cleaned up, redone , and signed by buyer. I haven't received the revised contract just yet and the buyer wants inspection done tomorrow. Am I allowe...
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Another super sexy topic I am starting here (jk). I have to replace quite a few doors at a rental unit I am turning. About 80% of the interior doors in the unit were broken. In the previous tenants defense, none of...
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We have a large chunk of money sitting in our high yield savings doing nothing that we would like to invest in real estate. We are looking for two properties to start- a multi-family and a single family home to get ou...
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A few months ago I dealt with an irate tenant. He was upset when I informed him of a $50 increase when his mom stayed longer than our agreed time-frame. His mother was suppose to stay for a month while looking for ano...
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Hi there,I am a landlord in Chicago. I own a unit on the 3rd floor of an apartment building that I currently have tenants living in. Last month, I had a leak in the refrigerator water supply line that caused some wate...
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Our buyers typically have a professional inspection done during the option period. We get back a list of imperfections that we usually take care of completely. Some of the issues we know about beforehand, but just h...
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Hi everyone. We are in the process of searching for an investment property. We are currently working with an exceptional buyer's agent. Her office services a certain area that is relatively close to us. We have...
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Hi all!I am looking at investing in an out-of-state property that is a 5 BR, 3 BA which is a 3/2 upstairs and 2/1 in the finished basement. There is also a full kitchen and laundry in the basement. There is not a sepa...