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Hello All. I could really use some help here. There's a FSBO house that I'm interested in buying as my primary residence. The home owner can't keep up with payments and has left me voicemail saying that the lender/ban...
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I know ‘turnkey’ has been a hot topic as of late, but I am wondering who is out there regarding truly vertically-integrated “turnkey” providers or “fully-managed” providers. My thoughts are that there would be signifi...
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Thought the EIDL contract terms for those approved needed its own thread.I was approved and I'm at the signature stage of a loan above $25K. I understand the collateral, but the Requirements for Relative Collateral ar...
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Illinois is enacting a statewide minimum wage of $15 per hour by 2025. Have any experienced landlords had this happen in their state or city and what have been the effect on rents? Drastic increases or gradual incr...
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Having a discussion at the office, and this question came up.If a dog breed is banned by the city your rental is located in, do you have to accept it as an emotional support animal?Pit bulls always get the bad rap, so...
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Were any of you investing in STRs back in '07/'08/'09? I'm trying to understand how much (%) revenues drop in a down market so that I can factor this into my underwriting. Seems like most of us on here are relatively ...
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Purchasing a 6 unit property in Maine (cold, snow), 3 separate buildings, that has separate oil furnaces for each unit. All of the furnaces are 20+ years old and the tanks are corroding. There is no natural gas in t...
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My city has finally drafted out their laws for building adus in accordance with CA law. I am looking to build a 300sqft ADU for Airbnb purposes. Luckily my street with wide enough so i do not need to have a dedicated ...
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I know that folks on this forum always recommend (rather strongly) requiring a security deposit along with applications for a rental property. (This is the deposit for the application, *not* the deposit for actually ...
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BP,
I have a couple tenants I can't evict during COVID who haven't paid in quite some time. What is your approach? How are you handling it?
Thanks!
~Caleb