Hello, I'm fairly new at being a landlord and have a question about turnover cost. Is there a ballpark sq ft cost to do a simple clean, paint, carpet etc? I'm really trying to simplify the process of getting bids and ...
ok. current situation with experiment.
paid 135,000 for pair of townhomes
rented out 4br for $325 weekly to a family, 5br rented out as 3 rooms to singles (max allowed) for $360 weekly. That is about $35,000 a year....
Hey all, I am planning on moving out of my Wicker Park condo soon and shopping a few management companies that are focused on short term management. Ive been quoted a range from 22 - 29% for full service management (...
I have a six unit in Chicago's Wicker Park, and one of the 3 bedroom apartments become vacated. There are several repairs and upgrades which are long overdue, so this is a good opportunity to make them, spending abou...
I converted my primary residence to an STR around June after living in it for a year. The title and mortgage are still in my name and not transferred to my LLC. I meet all the criteria for material participation and a...
As the Lucas County Health Department (LCHD) has added a new time ticker countdown to the deadline of the Toledo Lead Paint Ordinance compliance date, there are 4 vital reasons why landlords need to get their rentals ...
What kind of paint do you use in the bedrooms of your rentals? I always used satin in my own home but am hesitant in the rental because I know it's not as easy to clean. Any recommendations?
Hi all.
When in a property, I noticed that a tenant had an unapproved cat. I didnt mention anything. Now, they moved out and the new tenant said he's allergic to pet dander, which the carpet now has. I have to repla...
Hi BP!I am looking at some deals in my hometown in Ohio and these being my first deals in this area after having success in other areas my family is looking to be more involved.1) My parents would like to invest in so...
My wife and I Airbnb our guest bedroom in Chicago and have been doing so for about a year and a half (it has been great - we love it). We travel quite a bit and are continue to have guests stay with us while we're gon...