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I am looking at this listing in Bakersfield, C class, 16 units, total monthly rent of $10K, asking $1.2M, claiming 7.75% cap... Now, if I apply the 50% rule, I get $5K net rent, which goes towards paying the mortgage,...
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My friend notified her landlord that it looked like there might be mold accumulating in her apartment. We live within a mile of the beach, so moisture and mold can be a problem. A month later, the landlord sent her a ...
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Hey everyone! I'm trying to figure out ways to monetize or at the very least, make my 1400sqft basement useful. The basement is at the bottom of a 3 unit building in Chicago that I'm in the process of closing on. It's...
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Chicago investors/landlords: I'm curious to know what your thoughts are on this potential change. Mayor Emanuel’s latest five-year housing plan (passed in December by the City Council) included a section that mentione...
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Introduction
Buying a property can be a thrilling adventure, especially when you're searching for the perfect place to call home or a smart investment opportunity.But before you dive headfirst into the world of real ...
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ST. LOUIS, Jan. 6, 2016 /PRNewswire-USNewswire/ -- The following is a statement by Frank Rolfe:The PBS News Hour recently ran a segment titled "Bad Bargain? Manufactured Homeowners Feel the Financial Strain", as a par...
Yesterday I had an epiphany! The CORONA/ WUHAN/ COVID-19 (Virus) is exaggerated! There’s too many things at stake right now and it all SMELLS FISHY! Besides crucial elections, international economic wars, and propp...
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I recently purchased an old Victorian house that has no wall insulation and single pane glass. I'm replacing all the old windows in the house with new double pane vinyl windows. I'm curious if anyone recommends add...
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We had a cold spell last week. I get a text Sunday night from a tenant that the radiator pipe is broken (4 days after the cold spell ended). What I know is that she ran the propane tank empty and did not get it re...