There is some confusion around what the new eviction moratorium does and doesn't cover. First of all, the CDC eviction moratorium prevents eviction due to lack of payment until December 31, 2020. CDC derived authority...
Hi All- I purchased a property from a Trustee foreclosure sale. The risk of loss (fire, accident etc) passes on to the purchaser from the purchase date. It took me a few days to get in touch with the occupant who was ...
Do You Have What It Takes to Be a Landlord?No question about it—not everyone is cut out to be a landlord. Landlording requires a lot of skills and a certain state of mind—some not easily learned or adapted to. Can you...
I'm a strong believer that a house-hack is one of the first steps to wealth and financial freedom.However, this one rule is overlooked and constantly kills deals before they even happen:The self-sufficiency test. I ta...
Hello,I am in desperate need of advice on what to do. If anyone can help please advise. My husband and I purchased our first investment property in January of this year. Our renovation was supposed to cost approx. 58,...
I just bought a duplex about 2 weeks ago with tenants in one unit already living there. I realized that the tenants are heavy marijuana smokers and have permeated the smell to my other unit. I am having issues showing...
How to avoid the problem tenant and the inevitable eviction. First always make sure that you have strict policies and procedures on screening your tenants. And more importantly make sure that you follow them.Always do...
Hi Everyone!I'm a newbie that's unfortunately looking to buy in a hot market. I live in the south suburbs in Chicago, however I'm looking to house hack my first property, a 3-4 unit buildng, in the city of Chicago--th...
Hi everyone,
I'm seeking guidance on navigating the world of real estate investing, particularly in the context of tax optimization. Currently, I find myself in the 37% tax bracket due to W2 income and I'm eager to...
We're out of state investors that have 3 properties in Birmingham. Class C/D neighborhoods with both Section 8 and private payer tenants. Managing the PM's is becoming a problem. I'm assuming that they're either unde...