We are negotiating selling our rental home to the current tenant. We have lived in the home 2 out of the last 5 years(owned it since 2003), which should prevent us from paying capital gains taxes. The goal was to keep...
Hello all this thread is kind of an off shoot of THIS ONE so you can read there for some of the details.I followed up with the owner last night on a whim as I had not talked to him in a while - we are supposed to mee...
I went to one of my apartments today walked in the door and could smell weed. I knew which apt it was coming form so I knocked on the door and asked the tenant if anyone in their apartment was smoking weed, I knew th...
Hello, I'm a newbie in Chicago and am looking to wholesale properties to start out in my area.Are there currently any Investors here that have used bandit signs successfully to find motivated sellers in Chicago specif...
I have two residential rental properties that I enjoy very much. The time has come for me to move into the commercial market. I believe my niche is multi-family. I feel like giving someone a roof over the head is a gr...
Hello I'm Jonathan Jacobs I'm originally from Long Island NY and I currently reside here. I own rental property in NC. In Fayetteville, NC. I would like to invest more in that area.
Right now I'm trying to ra...
Hello, everyone. I just added my 4th multifamily property and was informed by Geico that they would only allow me to carry four homes on my umbrella policy. Was wondering if anyone had this problem and had to resort t...
I was wondering if anyone had any tips or advice on dealing with the Dodd Frank laws?... I’m not too savvy about the details of these new laws, but it seems to be a huge hassle from what I have read so far.Taking the ...
We are first time LL with a 3/1 SFH. From our ad in the local paper we received two calls and the second caller passed the phone screening. She is retired military with a disability (SS), going thru a divorce. The h...
The story you are about to read has transpired over the past 6-8 months. There are areas in which I made mistakes and contractors made mistakes. This is completely factual, and, looking back on it, was a great learnin...