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Do I always need to have a prospective tenant fill out an application to rent? Is that so I can weed out any prospective tenants there if something is a red flag? Then if all looks good though, I send them the residen...
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I have an opportunity to purchase my moms home, in a suburb outside Detroit. We had to move her out of state near my sister as she couldn't live alone anymore. My sibs want to sell it, I would like to purchase and use...
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Ok, so I suppose that this is an unconventional question and most likely doesn't have a clear cut answer but I will ask it anyways. To make it simple suppose you purchase a property all cash with an initial 8% CAP rat...
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Hi,I have invested in a multifamily apartment complex syndication deal. The Sponsors said when the Company (LLC) sells the property in 5 years, they would try to do a 1031 exchange and roll the proceeds of the sale i...
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Hi everyone! Long story short, my fiancé and I house hacked a 3 family for a few years. We bought another duplex to house hack this past February, keeping our first 3 family. We are cash flowing $500/mo at the first 3...
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Hi all,. First rental property, first tenant and now sending a three day notice to pay or quit four months into the lease. I admit I have been lenient with my tenant and have now allowed him to be two months behind(Fe...
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Hey everyone!I am having trouble finding reputable sources of information regarding the costs associated with forming a 506(b) or 506(c) fund. If you have done this before, or know someone who has, what costs are asso...
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Hi Everyone, I wanted to know if anyone has experience renting a home or condo to multiple individuals? I am planning to rent my condo in CA to 4 individuals, the condo has 3 beds and 2 baths. I will be paying utiliti...
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The City of Chicago has recently streamlined its financial incentive programs for economic development within city limits. Historically, navigating the funding landscape was complex with differing program specific fun...
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Hi all,When it comes to design, I fall short of ideas. This includes picking out paint color.I have a rental that I will include pictures of to get an idea of the room surroundings. My quandary is what to do with the ...