There is always much debate on if an LLC is needed. I have one. Only because someone told me to hold my properties in it for protection. I paid a lawyer to draft it and I signed it, and filed it away. I read most o...

I just off my second call with WCAP Financial Services.

Long story short, the salesman become combative when I questioned their sources of funding. I requested multiple times to get an explanations and clarity of ser...

In 2012 we hired a management company to manage one of our out of area properties in Illinois. What initially looked like a great match turned out to be a disaster, and we had to terminate the company after just one m...

Here is how I typically handle rentals:1. I list them on the MLS and people go see them. When they are interested, their first question is how to apply. 2. Right now, I have to email them a blank pdf of the lease appl...

Hello all,I am getting ready to purchase 3 lots in a subdivision cul de sac. The subdivision was built in I believe 2006 however, I am a little nervous as to why the  builder did not build on those lots.  There were t...

NEW YORK (Reuters) – Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis.

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Hi all! We are needing to relocate quickly for a job transfer out of state. Our home is 2 years old, has some upgrades, is on a lake, in a wonderful school district and is about 2 miles from the beach. We had a lot of...

Hello everyone,We own a SFH rental that has been leased since March of this year. I handed keys over to property management at the end of last year and they got to work advertising, got a tenant in there, everything w...

Is it customary for an electrician to charge a fee for pulling permit plus the cost of the permit?  
 I was sent a code violation for work that wasn’t completed 2 years prior to me purchasing the property. I called ...

Hi,During an inspection, I found that a tenant put padlocks on all rooms with doors without permission. He said that it is his right to have locks if contractors, etc enter his unit. Additionally, he will not provide ...