Joseph Nigro
Should I form an LLC for each rental property I acquire?
Good idea? Where would you handle most expenses? Divide them out or under one specific Llc example.. Gas to drive to the property and lawn equipment to maintain the property along with other home office expenses.
Sid Franklin
Chicago Gentrification
Does anyone think that Chicago's record tax hikes and the possibility of a tax exemption for property's under $250K will lead to a new round of gentrification largely driven by Millenialls wanting to live in the City ...
Chris Ferren
First Flip and Need Advice
Hey Everyone,
So I finally got a house under contract after about 10 previous offers on houses. This is a 3bed/2bath that is 1588 sq/ft and is an REO that needs mostly cosmetic work. I have it under contract for $1...
Ken D.
Can Security Deposit be used to pay for unlawful detainer?
1 tenant out of a group of 3 refused to pay her last portion of the last month's rent. I tried explaining to her why this wasn't acceptable and she still refused. Her roomates weren't willing to cover her portion o...
Randall Kates
Do You Raise Rents Every Year? Why Or Why Not
I am thinking about raising rent on a year old rehab that I have a tenant paying $1200 monthly for! I am thinking of charging $1225. He is a Foreign Exchange student who is in his Sophmore year so I am thinking of upp...
