Mark Douglas
Mitigating Property Damage ???
I just gave a tenant a 30-day notice to vacate. Actually the 30 days starts on 09/01, but as a courtesy, I told her the clock would start on the 1st, so I basically have her a couple extra weeks to make arrangements....
Brian Garrett
Problems collecting on a loan
Long story (which I'll try to make it short), but we did what we "thought" was going to be a hard money loan for a fix/flip. Did what we thought was diligent research on the individual and company. They had a good hi...
Rory M.
Security deposit and itemized list questions
Prior to renting out our unit we did time stamped photos & provided a move in checklist for our tenants. Upon move out time we provided a move out checklist. During our final walkthrough we noted they left the uni...
Janel Wilsey
Purchasing from the Trustee in St. Louis County
Hello St Louis investors. I travel back and forth to St Louis for work, and am seriously considering doing some investing. I saw a few properties In Country Club Hills City that are owned by the county trustee.Has any...
Paul A.
Taxes not paid prior to purchase
Hello All,I purchased my first rental property last June. Taxes are due twice a year here, and I just found out that the taxes were not paid on this property that were due in April 14. This was before I closed on the ...
Jared DeValk
Are title companies necessary or can you close an RE deal without one?
As a former agent, I never questioned the use of title companies. I understand that they provide title insurance, but what exactly do they do that I can't do myself?
Kat Malkowski
Failed city inspection- must repairs be done prior to purchasing?
Looking to flip (or possibly BRRRR) a property in the Chicagoland suburbs, but it has failed many things on its municipal inspection (really no surprise - it's a highly distressed property). Here is my question to tho...
Thomas Swindell
Do you request applications prior to showing your rentals?
I have a lot of requests for showings on a rental I just listed. Should I be getting applications completed by each prospective tenant prior to showing everyone the property? What's the best way to initially screen th...
Jennifer Lee
can you explain this sheriff sale auction?
Hi BP
Today I attended my first real sheriff sale.
It was in a courthouse on Pittsburgh.
The volume was overwhelming, 3 hrs long!
It was a great experience,
I did limited due diligence enough to figure out what's g...
Ed W.
1031 Scenario - Is Accommodating Party Needed?
I've done one 1031 exchange about 20 years ago and used an intermediary. The whole process was completed within about 40 days including identification and closing. That's the very limited extent of my knowledge.What ...