Hi All, I have been an accidental landlord for about a year. I ended up moving to another state and couldn't sell in time. The house is location in Oak Brook, IL.In the end I went ahead and leased out the property. An...
I have just become aware that my tenant of over 7 years has been Airbnbing my studio apt. She has been renting it for a super low friend rate from me. I recently became aware that she has the place up for rent on Airb...
As we all know Cannabis became legal in Canada few weeks ago and tenants are allowed to have a small grow up (up to 5 plants if I am not mistaken) How are you handling it to make sure things don’t get out of control w...
Hello,
I have some questions about Lease Optioning a property:
1) Who has the insurance on the house? The originial owner?
2) Who pays the taxes and/or gets the tax write off on the property?
Any help would be appr...
Hello all. New here, but I've been a full time investor for a few years now. Anyway, I'll get to the point. I bought a small REO apartment complex three months ago for $100,000. It was totally trashed. Vandalized...
Have had more time to network (recently retired from w2) lately and came across a different philosophy that is making sense to me.
Spent time chatting with 2 large property owners and both of these guys don't like lo...
Ok...so I saw this ad in Craigslist yesterday:
[i]Invest your CREDIT and make 30k- - No $ Req'd RE
If your looking for a great investment, and you have a 700 Fico or above
you can work directly with builders and e...
After purchasing my own duplex recently, I've decided to hire a Property Manager due to the lack of knowledge in dealing with my tenants. Before I moved in, my PM told me what needed to be replaced and whatnot via web...
I recently changed property management companies and they want to move forward with evicting a tenant who has not made their sewer and trash payments. The tenant owes $180 for these missed payments but the cost of ...
Apologies for the length of this post, summary will be at the bottom. My fiance and I recently moved out of a place that we only lived in for a year. Our landlord did not employ a property manager and so we paid her t...