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Would you buy a 2-4 unit property that needs 85% increase in rent to match market rate and purchase price?
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I will enter escrow on Monday and recently viewed units and noticed that two tenants have dogs and the owner currently has a no pets policy. One tenant tried to hide that they had a dog but the unit had a pet smell an...
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Hi everyone.I got a property with hard money, rehabbed, and then refi'd out using Quicken Loans. In the mist of trying to get out as quickly as possible before our hard money payments hit (they gave us 3 mo. period to...
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Hello BP and Chicagoland Investors.
The cook county board of commissioners passed the Residential Tenant and Landlord Ordinance. I found the proposed document on ChicagoEviction.com-https://www.chicagoeviction.co.....
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I have my first rental property and my first tenant is a needy one. He literally calls at least once a week about a problem. Some were legit, like a running toilet. Others, not so much; such as his wife thinking there...
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One of the many gurus who regularly emails me, is offering "deal protection insurance" for a price. In other words, magic words to insert into your deal offers/contracts, so someone else does not up your accepted off...
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Hello Bigger Pockets family, hope as is well!
Today I listened to a podcast where the guest speaker spoke upon his real estate journey and how he acquired a multi family unit property with little to 0% down in the C...
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HELP!!! House under contract & the pipes burst damage in excess of $10,000!I may have told a little white lie to get you to open this thread. I don't really need help. This situation has already happened to me, bu...
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HelloHappy New Year everyone....I just want to discuss some findings that came up recently when fixing my pipe leak.So last week, I have a pipe leak in my basement at one of my properties. I called the local plumber. ...
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Is it wrong to raise rents on existing tenants after property has been purchased every 6 months tell rent is to rent level in area? (increments of $25 which would be a total of 2years in all to reach)