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I recently lost my short term rental permit for an Airbnb in Nashville. I wanted to share my experience and the numbers in order to help guide folks that are thinking about starting one.I had quit claimed my property ...
We purchased a two flat investment building in Chicago, Cook County. Both are section 8 rentals.I’m having a lot of trouble with a tenant, withholding rent, and giving 30 day notice (which would work out as 2 and a h...
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I hear the advice pretty often that you want to stay away from D neighborhoods, but if you're hiring a property manager anyway, why does this matter? You won't have to visit the property anyway, so as long as the num...
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I have never used birddogs before, but I know a lot of investors have. Other than Cragis list or your local investors group, how can you find a good birddog? How much do you pay? Some say they pay a flat amount and s...
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Hello BP! As the title suggests I'm not a landlord yet, but I do plan to be one. Until then I have created my own business plan on how to operate and manage my future properties. https://docs.google.com/document/d/1Wd...
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I have a 6-unit property in Midtown Kansas City that I bought in 2020 from a slumlord. The whole place has had modest renovation done to it and are all 3 bed / 1 bath units @ 1200 sq ft.
I have a couple vacancies t...
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Well I've been quiet for a while in these parts. Jumping through several jobs while trying to maintain Real Estate has been a challenge eventually had to step back from trying to grow. End of last year I was bored col...
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I recently bought a [Federal Agency] foreclosed property. The property is on a huge city lot (small acreage) and was a "hoarder" house, and according to the agent, the bid for the external cleanup was substantial, bu...
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Hi there,I am interested in pursuing auction properties in Chicago, but I understand the competition is steep. Has anyone successfully purchased a property at auction and have any tips/advice? I am trying to underst...
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I grew up in the Central High area and went to school there. I am interested in helping to revitalize the area and bring back the greenness of the 50s/60s/70s, building a bedroom community for baby boomers and encour...