I'm looking at a 2 unit deal in Chicago (2 flat). It also has a basement that I'm told could be made into a 3rd unit. Does anyone in Chicago know the legalities around this? Is it possible to turn this 2 unit into a 3...
Hi guys!My wife and I have a home under contract with a turnkey provider. This was a full remodel with new roof, all new mechanicals, complete bathroom gut. As part of the rehab a new bathroom was added. Turns out tha...
I have 5 rental properties in my name. A FB friend mentioned that she has an umbrella policy on properties. Her explanation was vague, so I'm here to ask...What is an umbrella policy, does it replace the current insur...
A tenant who has moved in for a few months to my fully furnished apartment in Chicago and had quite a lot of requests and complaints recently made a request to change the mattress after sleeping on it for months and c...
Wondering if anyone has found or offers any type of continuity programs to their renters to create additional streams of income? If so, please explain.
Hi!I have a potential wholesale deal out in Colorado Springs and it'll be my first one, so I'm looking to pick someone's brain who has done a wholesale deal in Colorado before, what title company you've used and trust...
Hi All, I am a landlord in NJ and am seeking your guidance on what kind of renter insurance coverage I must make mandatory to the tenant.1) So far I have been asking for following bare miniumum coverage. Is this cover...
So I am currently in the process of re-renting a property, one of my potential applicants is a couple who run a day care out of their house. They are licensed with the state and have been for 4 years, they have provid...
How much should I charge my tenants for a washer and dryer?
This question came to my mind randomly, should you have an LLC if you are house hacking on that property?