I am taking over a property in which the current tenant has been in the property for 9 years, and here is my questions. I prefer to have a security deposit that equals one month of rent, and a non-refundable pet depos...
I listed my house for rent yesterday, and within a couple hours, I showed/screened and accepted a tenant. She is scheduled to move in on August 1st. Ive had about 50 people reach out, so I am a little hesitant to just...
I have small apt building 10 units, one main front entrance and three back doors for each floor, there are 3 floors. I have a tenant or more so their parents that would like to have their own alarm system. Any thought...
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 ...
I'm looking for opportunities as a buyer to locate seller financing for future investment properties. I'm interested in those who have successfully done this, and how they were able to locate these deals?Alternativel...
Hello everyone!
I'm Osa, I am interested in investing in rental properties preferably multifamily.
I am a recent college graduate with a Business degree. First step was to secure a Job/Career and now to plan/act fo...
I recently purchased a list from listsource.com of absentee owners and so far I am unhappy with my response. I had several (16 out of 439)callers but none of them were motivated. I know that I need to continue to ma...
BP--I'm looking for best practices on safety measures to reduce crime, breaking and entering, etc. What methods have you deployed to protect your property and make your tenants feel safe? Things that come to mind are ...
Interest rates are looking very good right now. I found a really good rate of 3.375 for a 30 year fixed at Sterling Bank and Trust.Has anyone ever worked with them before? I visited a location and it seemed very cheap...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $245,000
Cash invested: $35,000
Offer price = $245k
Seller paid $5k in closing costs
Purchase price = $240k
D...