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Hi guys. My name is Matt and currently my wife and I have been living at the same apartment in Chicago for 3 years -- never late on rent. Long story short: My landlord raised the rent by $40 year two and $60 year thre...
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Hello all. I'm not sure if I am doing this right or not. I purchased QB Desktop last month to convert my 6 spreadsheet rental property tracking system to one program. I have never used any accounting software before a...
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There's so much in this business that I just don't understand. On a fairly regular basis I will get a call from someone who needs to rent or they want to buy with owner-financing. And they have no money for the d...
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With our old contractor, years ago, we'd walk through a property right before we placed the bid, so we could see if my calculations for the renovation were on spot. He'd give me ideas, show me ways we could avoid/...
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Have you ever been ditched by your Property Management Company because the tenant they put in your property never paid a dime above their move in cost and you dared to question their tenant selection criteria?One meas...
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Hello Everyone, I have been having a hard debate with my girlfriend. She just went to a class that gave her the RE Basics. We do not have a house at this point in time, but we want to purchase a house soon. We have li...
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TENANTS FROM HELL #1Deplorable living conditions.Running one of the largest rental portfolios in the Cleveland, Ohio area I have managed 1,000's of properties & dealt with countless tenants. In short, I have seen ...
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While doing back of the napkin due diligence what is a standout factor that will immediately turn you away from analyzing the deal any further?
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Today is Thanksgiving. Lots of time to talk shop, politics, or real estate investment with family and friends. I just spoke to acquaintance of in law, and he mentioned purchasing home within a year. I spoke to him abo...
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Over the past few years as I travel the country, I hear more and more people saying that their municipalities are now requiring Landlords to let the city into their rental properties. On top of that, the Landlor...