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I have been doing flips and rentals for 10 years and I am now going through my first lawsuit. The buyers of a house we flipped in 2018 are suing me personally, my LLC, my wife who was my agent, My wifes broker, their ...
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I have owned an apartment complex for about a year now. Apprehensively, I let one of the inherited tenants sign a 12-month lease. He has been very cranky during the renovations, to say the least. He seemed to change h...
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Time of Year, Property Manager, or User Error?
The property has been listed for 77 days awaiting for a tenant. My question: Vacant because Time of Year, Property Manager, or User Error?
Listing: 1053 Parksley Ave, B...
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Hi, what's the best site to get a tenant's credit score? and is it free? Also, is it important to check criminal history? if yes, what's the site to do so?Thank you!
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As a "cash buyer" I am (or was) on many wholesalers' buyers lists. There is a fairly recent trend where real estate agents/brokers are getting on the "re-wholesale" bandwagon and basically adding on an additional $5k-...
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Hello financially intelligent peopleHow do you not let your expenses grow with your income? This question has been on my mind lately due to significant changes in my financial situation (for the better, luckily).Let m...
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So today while flipping channels, I came across a infomercial for Than Merrill. I guess he is in Chicago, so I watched it for a few minutes. He talked a lot about some "secrets" to RE success.
I have never ta...
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I contracted to purchase an REO in December of 2010, skipping all the long and boring details, I finally just received word that the deal is accepted and I am now in escrow. I will not post any of the real numbers her...
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I have a tenant in my first floor unit who has been late every single payment for 11 months in a row with every excuse in the book. However, they always end up paying right before the legal timeline for eviction. Does...
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For those experts, your input is highly appreciated . I'm a newbie here!My offer just got accepted for an REO property and needs some rehab before we can close the loan and ready for rent.I got call from a lender LOAN...