Hey BP,I'm looking to close on a 3-plex (3 flat) in Chicago in the beginning of December and doing an FHA full 203k rehab of the property.One of the items we are upgrading for long term buy and hold stability is the f...
My tenants who moved out last month left the place in rough condition. I'm just now finishing up getting the unit back to rentable condition. I wanted to send them a certified letter to their new home ,job and email...
I have a PM that hit me with a large turn-over bill $2-3K. They said they re-painted, did yard work, etc. When I questioned the work (It looked like I got billed for re-painting twice) and asked for receipts and pos...
After months of not finding anything I want to buy as my 1st rental, I found 2 that I would like to buy (I can only afford one). Both are in the neighborhood I live in- great schools, safe place, quiet, middle to uppe...
The property management company of one of my properties is terrible. They are extremely unresponsive, taking days if not weeks to respond to my emails. At some point, they switched email servers and did not let any of...
So we take an application fee and use a company to screen all our potential tenants. Recently we’ve run into a situation where the screening grade came back as acceptable, not good or great, which left us a little wor...
I hired a Property Management (PM) firm 5 years ago. I've been paying them $135 per month for their 'services'. Got an e-mail from zillow.com that my house was up for rent. Contacted PM company and they tell me tha...
I am having a plumber go through each unit with the 20 unit apartment to look at issues.
The estimate and walk through is free.
Would it be better for the plumber to work by the job or the hour??
The plumber just w...
I am wondering if anyone markets to probate attorneys prior to actually having a deal under contract? And, have you been able to get that attorney to be part of your team?
If so, what is your best way to market to t...
OK, Im going to run through a project here in its painful entirety - start to finish. I will figure out if I can post here efficiently so it is easy to follow along, text, images etc. I have all the material on my we...