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I am new to Real Estate. Just passed my exam last month. I have been reaching out to agents for advice on selecting an agency to partner with and to agents for advice on selecting an agency to partner with. Today I...
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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 ...
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My first turnkey rental is coming up on one year in November. These tenants are a couple with two small children making a combined 5x the monthly rent. So far, they’ve paid on time each month without a peep and no is...
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I think it's criminal. It will be the direct cause of many, many deaths, especially of the elderly. A man from the British parliament was on tv the other day and stated that in the U.S. a man with early prostate can...
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I've searched through the blogs and forums, but I'm not finding what I'm looking for. To this point, I've only found deals through wholesalers and bank owned properties listed on the MLS. Since both of these methods h...
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My previous tenant left with unpaid rents(6 months) 8k and damages about 9k. I ended up not repairing the damages and sold it for less than it would have been if damages weren't so bad. Now the debt collectors can't f...
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Did anyone else see this? You have got to be kidding me.
http://www.cnn.com/video/#/video/us/2009/01/30/griffin.mortgage.squatting.cnn
-Michael
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Hi all,I'm sharing this story in hopes others can learn from what I found to be a tough (and at times incredibly uncomfortable) situation, as well as looking for any insights as to how I could have handled this differ...
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I have a potential renter who is refusing to go through the application process. Meaning, not providing his social security number to use a service for credit check and background check. He intendeds to rent through t...
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My first property is currently in escrow. I am in the process of writing up applications and agreements. What kind of documentation do you require for your rental agreements?IE proof of citizenship or legal residency,...