I formed my LLC a few months ago using a service, and received the Articles and Operating Agreement by mail from them.
The service advised me to make the LLC "Manager Managed" (with myself as the...
Hi everybody! I'm a newbie. bought my first house in February and had it rented May 1st. Late July my tenant sent me a text with a sob story about a fraudulent check he deposited, he wouldn't have the rent on the ...
So this is a long post but worth the read as it's educational, big time. I am selling off some of my 2 family homes as you might know and my property managers who are also the agents for me wouldn't listen to me. I sa...
I am fairly new to the concept of buying/selling mortgage notes and I have been reading about it. From what I understand (to put in simplistic terms):
Lenders (could be banks, financial institutions, private people) ...
I recently had an issue with the power going out in a Chicago unit of mine. ComEd turned the power off due to non-payment(though ComEd never warned me or tenants which they are required to do by Illinois law), but I h...
So we are partnering with one of hubbies co-workers. He has the cash, but not the time, while we have the time, but not the cash. So he is willing to buy the property, and pay the downpayment and closing. But he...
Joel Owens has been very helpful, if not for him we wouldn't have known about triple net leases.
My brother is considering putting some money in triplet net leases.
Has anyone done triplet net before? Any stories ...
Need advice... TLDR: What to do about a tenant who is now my direct competitor on AirBnB ?Long:I bought an AirBnB property with 2 rentable units: a 1-bedroom MIL cottage, and a 3-bedroom custom home, in a small, sea...
This isn't what I was hoping to be doing today, but here goes! I have a tenant in a newly renovated detached mother in law suite, well kept, well maintainanced unit, whose rent of $950 is due on the 10th of each month...
I property manage (unlicensed) a duplex for a friend who was stationed overseas. I manage my own duplex so I have some experience. Anyways. He refuses to do any repairs in one of the units whose tenant is complaining ...