I've owned a two-flat in Albany Park for about a year now. We've replaced the roof (18.5K, it was never torn off in 100 years) and redid kitchens and bathrooms. We're planning to replace our galvanized pipe with coppe...
I have a few rentals and am just getting started with this as a full time gig. So I'm very green in this space of operation. I keep running into the same issue of tenants moving out without giving proper 30 day notice...
Every person will be different, but how many properties have you found to be manageable to manage by yourself? At what point did it become too much along with your full-time job?I'm planning to buy 10 rentals over th...
A quick comment about Brian Gibbons, if I may.I have never met Brian but for the last several months I have been following his posts, along with posts from other people, on this blog. His posts have always been well t...
Under the new legislation designed to help small businesses was a small add on that is now going to require landlords to issue 1099s to any contractor performing services like repairs over $600.
http://www.allbusines...
Thanks in advance for any advice. There isn't enough room to go through all of the issues here, but I'm looking for advice on how to get rid of a tenant who has not violated her lease. She has lived in one of our un...
Economic Update
(Monday, January 25, 2021)
There aren’t many people—apart from, say, Elon Musk—who are going to look back fondly on 2020. It was a year of illness, pain, uncertainty, an...
I am just amazed at the incompetence of some wholesalers.
Last night I put under contract a house in Ky that "Sincere Home Buyers" of Georgia backed out of yesterday. I don't mind putting their name out here.
The s...
Economic Update
(Monday, July 27, 2020)
This week is a good week for real estate investors (particularly if you have a house for sale). Existing houses sales are up, new home sales are up, inventories are down...