Ladies and Gentlemen, I need some feedback. I need some knowledge. I would like to know what’s next? Has anyone else dealt with issues like these before? Property is a 3plex. Non rent control area. Se...
The topic of “I can’t get the numbers to work” seems to be an almost daily discussion on here. Some will argue if you manage better, then the sky is the limit. Management absolutely matters, but you would be delusiona...
The water heater at my house just went out and now tenants are complaining about there being no hot water. It was almost 19 years old and has a water capacity of 50 gallons. The first hour water rating is 80 gallons. ...
Have you ever had a lender tell a prospective buyer of one of your flips that within the first six months of you purchasing, rehabbing and listing the property, they (the lender) wouldn't loan on a property that wa...
So we're about to close on an 8-unit apartment building at $250K, no money down and seller-financed at 6%, 5-year term, 30-year amort. The plan was to fix it up, normalize rents, and refi out with a standard banknote ...
Greetings!I use a property management company to rent my units, and they are doing a good job. But every time one tenant leaves and another comes in behind them, the costs associated with the turnkey repairs seem real...
I've Been renting all four rooms in my house out individually for about 10 months now. Usually no issues. Tenants have come mostly by word of mouth through some local tradesman. Recently I've had 2 guests that were me...
Here in Chicago commission have typically been between 2 and 2.5 percent of gross sale price but now with the new rules I have not met any agents willing to take less then 2.5% so what has happened is the listings tha...