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Background: I have located a quadplex in a low-income neighborhood with NO tenants. The seller is trying to get rid of the property because he is having trouble remodeling all the units in the quadplex. He reported...
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Can anyone tell me exactly how to use a land contract and where to find the form. I am selling a house to a relative that can't qualify for a loan at this time and someone mentioned doing a land contract on the prope...
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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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Good morning BP, I am in the process of purchasing my first property from a family relative. I have already gotten an agreed upon purchase price. Right now I need help with financing and the best options available for...
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So here's the issue. I've been renting a SFH in the rural midwest to a young, single gentleman for 3 years now. Seems like a good guy, quite a hermit. Goes to work, comes home, goes to church, load his dogs and heads...