Monday I finally closed on rental number 8. I had signed the closing docs and everything two weeks ago, but the title company jumped the gun and the seller ( Fannie Mae) had not approved docs yet. They rescinded t...

Hi there,I am interested in pursuing auction properties in Chicago, but I understand the competition is steep.  Has anyone successfully purchased a property at auction and have any tips/advice?  I am trying to underst...

I purchased my first property in March 2013 right after graduating college with a bachelor’s in finance (Dec ’12) and months after getting my first professional job as a staff accountant (July ’12). Making $35k /yr wa...

This is hard game to play. The listing agent says there's an offer on the table. Then says it's pretty close to ask. No contingencies. 2 weeks to close. All cash. I think for some reason her and the owner are lying to...

I purchased a 4-plex in November of 2020. Class C property in a neighborhood that houses a lot of voucher holders and lower-income families. I inherited three tenants that were advertised as paying and up-to-date with...

About 6 months ago I reached out to my property manager in writing and ask them to raise rents on all my properties by $25.  I reminded them to do this about a month before each lease renewed.   When I got my lease re...

Welcome to our Question of the Week! We have a lot of people who are entering the world of real estate investment who could use your wisdom. When evaluating a property, what are your automatic no or exclusion list ite...

So we're a few flips in now and we've only used IKEA cabinets with the soft close hinges. They look good and work well but our contractors hate them due to the assembly time. We're probably getting dinged by the contr...