First and foremost, thank God no one was hurt or killed!Thursday I got the call as a landlord you never want to get: "The house is on fire!"Naturally I had to do a double-take to make sure I heard correctly, as you ne...
I would like to bounce a situation off y'all. I am currently under contract on a commercial property that is 11 residential units. This is only our second multifamily property so we are far from experts. The seller...
I am a newbie and have not seen many 4 plexes on Zillow or others. I know they are out there, because I have driven by them. What is the best way to find 4 plexes that are for sale or have sold? I am curious to see st...
I’ve posted before about this situation but have some new things happening since then.Tenants signed lease on June 9th and paid security deposit. Lease states move in date as July 1st and 1st month’s rent was due on o...
Does anyone out there have experience buying the right of redemption from people that have had property sold at auction. Any advice on how to approach them? This is in KY if that helps.
When it comes to a General Contractor, are they exactly what the name implies? Do they take care of everything like hiring the electrician, removing walls, etc. or is it a case by case basis? Growing up working with m...
Ok...I get it...apartment investing is THE best way to use real estate to escape the rat race in a short-ish period of time. How are you sourcing and financing the deals to allow for the escape of the 9-5?
I purchased a 4-unit building gut rehab in Chicago, with a 203k loan.The contract had an “as is” addendum.My contractor applied for building permits with the City of Chicago building department.They were advised that ...
I am seeking suggestions on how to prepare for retirement effectively. My aim is to maximize my monthly income to supplement my retirement fund (CalSTRS) after 25 years in education, within the next five years. Additi...
Hello,I am trying to wrap my head around the concept of depreciation. Let's say I upgrade my HVAC to replace old if install new condensation units worth $10000 just for the sake of numbers, how does it impact my depre...