Hello everyone,I am a fairly new landlord in the state of Illinois. I own a single unit within a building of about 43 or so units that is managed by an HOA. I experienced my first tenant swap this month, and needless ...
I just closed on my first buy and hold property. $35k cash for a 4 Bed, 2 bath that I think would easily command $1,000/mo. post-rehab (9+% cap). I plan to budget about $20-$30k for rehab... updating kitchen, bathroom...
So I purchased a few units back in Portland, CT in January and currently in the process stabilizing the property. It has come to the point where all the tenants are on month to month leases, in the beginning of March ...
Hi all,So I served my only tenant who has ever been late w non renewal papers . Throughout this year they have been late on multiply occasions and I had to serve them many times to pay or quit. The last two times we s...
Received this today from a tenant who has been a few days late in the past. I've been gracious. I moved their due date to the 15th so they didn't have to pay a late fee because they were always late. Today is the 2...
If you're considering venturing into the realm of flipping properties, Fayetteville, North Carolina presents a promising landscape.
Fayetteville, NC, stands out not only for its robust housing market but also for its...
Hello BP, it's my first post so go easy on me. How do some of you estimate what a property will cash flow and what your expenses will be before you buy? Is there a formula or perhaps a "rule of thumb"? I'm currently a...
Hello,
My soon to be ex husband and I have a situation. We have our first house and bought a second home last year. The first house was swiftly rented out, but the rental payment does not cover the mortgage payment...
I had one goal this year which is to close on a 8-20 apartment unit.
I haven't given up yet. I know that anything can happen in 3 weeks. My team can call the right seller tomorrow and all of a sudden we have a prope...
We are a couple living in Switzerland (My wife is a US citizen, I am Swiss), eager to purchase our first rental property in the US. Since we are kind of the "super out of state investors" we are looking for a TK compa...