Sean McKee
Chicago Move In Fee. What is everyone Charging
Hello Everyone!I’m closing on a 4 unit in Little Village next week. I have rentals in Cicero and always charge security deposits. However I’m leery to do so in Chicago. It seems too risky with the current laws. I’m d...
Mark Smith
How much do I need?
Another new guy question! I love to have a solid target in mind when I want to accomplish something, so I'm trying to get an idea of how much cash I will actually need to acquire my first property. I know there are ...
James Dolhancryk
1031 exchange mortgage note
What happens to mortgage note during 1031 exchange.Im thinking old is paid off, but looks like entire sale transfers.Therefore do I need to acquire a new mortgage for my present debt ?
Drew Denham
Asset management ??
So i moved 150 miles from my residence and I'm renting it out starting May first. I could always ask my dad (who lives in the area) if he could go there if there are any problems with the tenant but I hate to but that...
Andrew Fielder
Referral - Private Money Lender for notes
Our company buys non-performing loans secured by commercial real estate.Currently our investments are 100% equity and we are looking for alternative financing for our investments. Perhaps private money or hard money l...
Sarah Jukes
Refi loan Rebate/Points reasonable?
6 months ago we got our 1st refi cash out against our home to purchase a rental property, plus a mortgage on that property. Costing us over $10,000 in broker/underwriter fees for the 2 loans. Our mortgage broker conta...
Jack B.
Tenant wants to get room mate due to rent increase
I am raising the rent by $200 a month while still renting $200 a month below market. Basically right now I'm GIVING away $400 a month. I split the difference with the tenant since she's been there a couple years and i...
Patrick C.
ALE Solutions - Temporary Housing
I searched the forum and haven't found much.I got a call from ALE Solutions to rent out my house for a displaced family who had water damage to their house for 3 months, 800 above the rent I am asking for. They have ...
Bienes Raices
How would you handle this?
I had a group come by this morning to look at a house. They were very normal, polite and no alarm bells went off.
After they left there was a knock on the door a couple of minutes later and it was the husband/boyfrien...
Chanté Owens
As a Landlord, what's the longest you will hold a property?
Hello All!I received some invaluable information when I was moving to WA state earlier this year, and it was GREATLY appreciated! Now, I am looking to move when my lease is up, because, while I really like my little a...