Victor Andrade
Due on sale clause - Transferring property to LLC
Hi everyone,I am in the middle of a dilemma, and cannot find anything online or anyone that has gone through the same situation.I have three properties, all in the same state (not the same state I live), I have conven...
Daniel Francoeur
Do we need two insurance policies? 2 buildings on 1 lot
My brother and I are purchasing a lot that has two buildings on it as an investment property. The property is in Pawtucket, Rhode Island.There is only one deed for the lot. We are getting a lot of different info from ...
Jordan Meyer
How Do You Find a Good Insurance Broker?
This is a very simple question:
I recently moved to a new state and we have a triplex under contract for purchase. How do you shop for an insurance broker? On my last purchase in Washington, I just went with ...
Dean Klein
Wisconsin Landlords & eviction bans
I issued a 28 day notice to vacate to a tenant who has gone bad after more than 2 years of good behavior, and on time rent. The notice was issued February 26, before the ban on evictions in WI. The move out date was s...
Jason Cunningham
Best Practices - Lease Terms - When should tenant be late?
Hello everyone,I was curious what best practices are for the lease terms regarding when a tenant becomes late or delinquent. The California CAR form defaults to 5 calendar days after the due date.Thanks!-Jason
Paul V.
Chicago Condo - Lincoln Park
Investment Info:
Condo buy & hold investment.
Purchase price: $232,500
Sale price: $268,000
2 br/1 ba condo in Chicago's Lincoln Park neighborhood. Vintage courtyard condo building with 91 walk ...
Danielle Weaver
How to protect yourself as an owner who pays utilities
I have a house that’s a long term rental upstairs and a medium term downstairs. Since everything is on one meter we have decided to pay for utilities. We have rented the long term unit to family friends for over a yea...
Mike S.
Call from insurance company wanting to place tenants
I just had an interesting call from an insurance company. They have a couple displaced by a fire and want to pay their rent for a 9-month lease. They are also going to pay a $200 a month premium.The good of course i...
Richard Rodriguez
Should I go on Title?
My mother recently purchased a property in a 55+ community and is the only one on title. I'm the only child and she is divorced.
I'm thinking it's always best to avoid probate and was wondering if I should also go o...
Mark Ferguson
Major storm damages four properties
We had a hail storm move through the area last Saturday. I had one rental get hit bad. Roof is trashed, vinyl siding on one side of the house has about 200 holes in it. Another two rentals need new roofs, but ha...