Ok so I am closing on my first property by next week and have alot of questions regarding the tenant who is living upstairs. They have been there for 7 years and pay 625 (rent is 725 but does "maintence" on the proper...
I have a friend (and third owner of some of my rentals) who would like me to do a hard money loan to buy an REO for him to rehab and flip. He's looking for 10% interest, six month balloon (interest payable at close o...
I know in this business you are supposed to be thick skinned but you are also human sometimes. I have been in this business for about 3 years so maybe I should be over it but sometimes I still get the feeling like I a...
Hi! I was hoping you could give me advice on deciding between two renters. I'm closing on my first investment property in three weeks. We are trying to rent out our current home and plan to move into the new house. We...
Hello everyone. Let me start by excusing myself if I make and grammatical errors, but I am typing fast because I am a little POA.Okay, so today I was supposed to close on my first wholesale deal. Got the property unde...
Believe it or not, I'm actually considering this.
My father-in-law owns a house he is interested in selling that I think would make an excellent rental property.
He's owned the property for 10 years.
According to c...
A neighbor near a duplex that I own has called me twice now to tell me that my tenant is berating her and her son in the street, yelling obscenities and just going off.I am not this neighbor’s landlord. After the firs...
I have been reading about attracting private money investors for real estate. I wanted to know if anyone has had success attracting private money. Also, I'm thinking of running an ad for private money and I wanted to ...
This isn't meant to be a long post but I have a lot of first time investors and house hackers or just investors that are new to Chicago that ask about charging a security deposit and my answer to them is NEVER charge ...
Has anyone had any luck negotiating with an HOA to reduce delinquent dues so a house can be purchased and saved from foreclosure? The HOA is in a junior lien position so they will get nothing if the house goes to ...