One of the things I always try to be conscientious to is herd mentality. Recognition of herd mentality and the pure luck of a well timed divorce kept me from investing in real estate in 2007 and waiting until 2008 wh...
Hi all,
This is my first post, I am a long-time reader of the site; quite impressed!
I am relatively new to the REI landscape also; we just bought an additional property, and our first we have owned for almost a yea...
Economic Update
(Monday, June 14, 2021)
For a period of time between 2018 and the beginning of 2020, the “Real House Price Index” (which calculates inflation in the Housing Sector) was falling, because Americans’ bu...
Hi All,So I am a very small time landlord and I use Apartments.com (formerly Cozy) to collect payments. This morning I got an email saying that they want my SSN to report any income I get over $600 to IRS. I have alwa...
I have a potential tenant asking me about a rental property to allow pets. I told them I do not allow pets. They really want to rent the property because of school district. Not very many rental properties in school...
Anyone see this: Fix Housing First?
Any thoughts?
I have had similar scenarios when selling household items, but the scammers seem to have expanded the area - I was contacted by someone who tries to pull the old CL scam on me. Below is his/her email - landlords bewar...
Setting aside attending REIA meetings and other local networking, which is great for people in the area, do you guys feel good about pulling a list of local cash buyers (via listsource, title co. etc), looking up thei...
My wife and I have purchased our second rental property and this time are working in a lower income area of Chicago (South Shore). The average household income is around $25k/year and we have our 1-units and studios ...