I've often found some weird things left behind after tenants move out, but this one might take the cake. I recently asked a tenant to leave due to non-payment of rent, and when they left I noticed the refrigerator wa...
Hello! I've always filed my own taxes and am starting to think this might be the year I need a CPA. In the last year I converted a townhome into a rental and purchased a duplex with a partner. My wife and I also have ...
Hey again guys!So, as some of you might or might not know, I'm currently a tenant at a apartment complex. I'm not in real estate yet, but my goal is to own my first multi-family home within the year. I'm curious on ...
Been working with fixer uppers and now trying to move into pre-foreclosures.
Here is my first deal:
1st lien 88k. Second lien 17k. These include penalties, legal fees etc. House is worth between 122k-128k. House...
Hello,I'm looking for thoughts on this situation as I've never had a tenant make this type of request.The broiler stopped working on his new stove. He contacted me 15 days laterto tell me about the problem. He since t...
Hi all,Are power lines a deal breaker? Under contract on what appears to be a solid deal…ocean view 2/2 home over a 1/1 apt that is already occupied by a great tenant. The rent from the apartment will pay 60% of the ...
Hello, all.If I have a tenant in Chicago who wants to sublease (not sublet) to someone else, should that sub-leasing setup be made with a standard lease agreement, such as the Chicago Association of Realtors lease agr...
First off I use the BRRRR strategy and have done very well with it. My problem is the 3rd R (Refinance) “. I one get low appraisals and I can do anything about it because I’ve tried fighting them and bringing my own c...
Hello all,I have a crazy situation and wanted to see if anyone else has dealt with this. We bought a house and closing docs were signed off on the Friday prior to Labor Day. The deal funded by noon on the Tuesday si...
Hi, I’m wondering how many wholesalers are getting contracts mainly via Pre-foreclosures.... how has the process been?