The Thursday before Memorial Day weekend. This is the slowest Memorial Day weekend, in terms of occupancy, that we have experienced in 19 years of business. Many properties are unrented, even at heavily discounted rat...
So the closing on the house I've had in contract has been pushed back again (second time). I spoke with the wholesaler yesterday and it seems that the they are "still working with the front side title company on getti...
Can you apply for two mortgages at the same name? I am wanting to cash out refi my F&C duplex and also at the same time, apply for a new property, how doable is it? I have the down payment even without the funds f...
A few of my friends and I are forming a REI company. We’ll have $150k in cash to start. One friend thinks we should buy out first SFH in cash using roughly 2/3 - 3/4 of our seed money and buy another property once we ...
Took a deep dive into analyzing my STRs this year. November marks the beginning of our slow season for the STR market in our area & I started noticing that even though I had to lower my prices to keep occupancy at...
Hi,I have a 3/1 in a Chicago neighborhood that is "challenged", but is well located and the unit & building themselves are fine. I am offering a move in with neither move-in fees nor a security deposit, just a Tra...
Hi all,I just found out that my property taxes on my rental went up about $1,000 a month due to a $365k increase in the valuation of my home by the city. I purchased the home earlier this year and only put in about $4...
After executing a contract with a seller and passing the inspection period the title search turned up a second mortgage that puts the seller under water on the property by something in the neighborhood of $50k.The con...