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Hello all- I recently acquired a 2-flat in Chicago (Cook County, Illinois) and there are only two electric meters/panels. Is a 3rd required for common areas and exterior lights? Less the inside wiring, what is an appr...
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Invested in a stable value fund that maintains a stable net asset value for preservation of capital. Supposed to be safe but in talking with one of the advisers he informed me they had a large position in AIG before t...
Hello,
. I am renting out 4 rooms in my home in west oakland. I currently am living in the home parttime and come to Oakland 1 or 2 x's per month for work. I am having issues with the "borders" not paying rent on ...
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Where in the CC&R can I find what I'm responsible for and what the HOA is responsible for? Reading the CC&R is like reading legal docs.
the issue:
I have a condo. 3 units per building. I own 1 unit. There i...
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I am interested in learning more about landlord and tenant rights before investing in income property. Does anyone have any good resources?Some of the big issues I'm concerned about are; eviction, raising rent, legal ...
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Hello all! Let me preface by saying, I know the "Pet Policy" discussion has been beaten so hard and frequently, but upon searching the forums, I couldn't find any threads directly relating to this issue. If there are,...
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Anyone know if it is possible to run a property management company from inside a self-directed IRA? For example, say I roll over $1K to a separate self-directed IRA. Then I have it start a C corp property management...
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BP Community - I'm in contract on a SFR in Jacksonville, FL. I'm a little stuck and need advice on best course of action. Situation: The water and power are shut off at the property (it's an REO held by a private lend...
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We are in the process of doing due diligence on a 30 unit bulding we have under conract and have run into Federal Pacific electrical panels in each of the apartments and also the main panel. The inspector and electric...
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Hello BP,
I've been dealing with a massive headache for the past 10 days and I'd like to get some of you guys' opinion about thermostats in rental properties and how you do it.Obviously, our number #1 priority as lan...