This morning I read an article posted on MSN.com regarding whether or not Detroit will receive a government bailout to help improve the diminished economy of the Motor City. To see the article click here.Fallen marke...
We are purchasing an REO for our first attempt at the BRRR method. It is a major fixer upper and our budget is squeaky tight to make it work. The AC unit is undersized at 2.5 tons for a 1800 sq ft home. It needs to be...
Hi all,This isn't a post about rentals but I want to clean the air vents in my older Chicago apartment unit because they look pretty dirty. I did a DIY mold test on the surface and there are some evidence of mold, whi...
Hey all? How’s everybody doing?I was wondering if by chance anybody has ever used those home warranty programs for their rentals?I ask because presently in my personal home, we have Sears Home Warranty and quite frank...
Im debating moving forward on a 25 unit park due to sewerage system being a lift station. I don't know much about lift stations but from what I'm reading it can be expensive along with many headaches. Anyone have info...
Hi! My husband and I are searching for a quadplex to house hack in for a few years. We are currently in Michigan but the realization of moving out of state just hit us. If there was a time to do it, it would be now. W...
I set aside 8% of gross rents for CAPEX, and I keep that money in a separate account. I recently had 2 major issues with HVAC systems at two of my properties. One cost me approx $1000, the other approx $1500. I'm n...
When it comes to Detroit and the various outlooks that real estate Investors harbor in regard to whether or not to deploy capital, I am neither advocate, activist or torch bearer for the city. I will however submit th...
Finally found a tenant who pays her rent on time, but now she wants to move out when lease is up due to heating cost. It's her first winter there and propane heat costs 2 tanks a month ($230 a tank). there is also e...
I just learned that if you start up a company in Puerto Rico and flip a house in California and hypothetically profit 100k on the flip, that since you're incorporated in PR that the USA can't tax that profit. And PR ...