Hello all. Currently I'm involved in a land contract with 11 single family homes and one duplex. The total purchase price is $720,000 which is $60k per property. The homes are rented out and located in Cleveland Heigh...

We are looking into buying a property where the seller would help us with the downpayment.  In banking terms I think it is known as seller carry back 2nd.  Not all lenders are willing to have the downpayment financed....

I recently had my tenant's tub refinished after she reported the finish was peeling, at a cost of about $450. I told her that the shower couldn't be used for 24 hours after the work was completed, but her boyfriend ca...

Hi Folks,I'm looking to structure my first seller financing deal on a property I'm going to see tomorrow. I know the seller from an open house when his property was listed. It didn't sell, and he reached out to me a f...

Has anyone ever formed a REIT?

Hey guys!We have a 3-bedroom house in Fort Worth, TX area that we just got move-in ready.The new tenant moved in (he's an OWNER in another state, relocates to TX for several years for work, has a dog: german shepherd)...

Hello,I'm a newbie. I recently purchased a 3 unit rental property. It is fully occupied with great tenants. I charged security deposits but from the discussions I've been reading it sounds like a Move In fee is the wa...

I have read many different perspectives on the deposit that landlords ask renters to pay before moving in.  What is a fair amount to ask the renter to pay?  I would like to get the equivalent of the monthly rent as a ...

So, recently I've been interested in possibly buying a plot of land near Colorado Springs, CO and developing it into an RV Storage Facility. I have been interested in self storage for a bit, but it seems like it's too...

Hello!I just closed on a 2 flat in Chicago (super excited!). Does anyone have a sample Lease that I can use or can anyone point me in the right direction please?I live in unincorporated cook county - not sure if that ...