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...
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...
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...
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...
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...
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...
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...
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...
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...
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...