I recently rented my house to move in with my elderly mother. Renting added income to retire. After two years I understand for tax purposes I sell it as a rental. Is it worth keeping and renting or should I just sell ...
As of now, I have $300,000 of liability coverage, should I increase this amount?
Did you know that 53 percent of vacationers are traveling with their dog or cat, yet only an estimated 15 percent of vacation rentals "allow" pets? That means that pets are likely staying at your rental, regardless of...
Hi friends,I’m planning on putting a offer on this multi family house & the first floor tenants are on a month to month lease. The rents around here average $800-$850 (Connecticut). They are currently paying $500 ...
Good evening, everyone. I've recently had an offer accepted and am going through the process now, closing date in early March on a 2-flat located on the Northside of Chicago (Irving Park). I'll be living in one floo...
Interest rates have had a substantial impact on the overall affordability of a home. With mortgage rates on the continual rise, it’s time to think creatively about how we can minimize our long-term costs and make our ...
I apologize for the long post to come.
I'm currently under contract for a triplex in my hometown, where I reside. This is not a common occurrence. The seller has own the property for the past 15 years, and has done...
We have one tenant that we provided reduced rent (reduced to $2k from $2.6k) when impacted by Covid that applied for rental relief many months ago that we have not received a response (and mostly have given up on). T...
I've recently been reviewing insurance policies and making some tweaks, I'm curious for you other landlords what do you set your deductibles at? Also for those of you who have filed a claim, how much does your insura...
In the case of single-family homes, the process of buying a run-down property, remodeling it, and then selling it for profit, is commonly referred to as fix-and-flip. Your sweat equity and ability to see a diamond in ...