There's another thread going on about LLC vs. higher liability insurance.
I'm just wondering if any of you have ever been sued by your tenants? If so, what happened?
Some people are setting up an LLC on each house. ...
I'm a Canadian investor investing long distance in a few cities in the US. I'm having problems with these 2 properties I'm rehabbing in Chicago.The way we approach a project like this is to get an inspector, get quote...
I have tenants whom lost there jobs and failed to pay rent. No one wants to spend extra money and time to file an eviction law suit. Do I talked to the tenants and asked them to sign a termination of lease contract an...
My dad just sent me this link.
http://theextinctionprotocol.wordpress.com/2013/07/18/motor-city-goes-bust-largest-ever-municipal-bankruptcy-in-u-s-history/
What do you all think about the REI market in Detroit after...
Are you watching the VP Debate tonight? What candidate are you backing? Do you get actively involved in the process.. making calls, door knocking, etc.? Personally, I am a political junkie!
So I have been trying to lease two properties. Great success on one, just leased to a long term tenant for $100 extra each month over the last tenant's rent. The other property is not going so well. I have had ma...
IRS released guidance yesterday saying that any PPP expenses that are forgiven are NOT deductible for Fed income tax purposes. In essence, the forgiven funds are taxable, in direct conflict with the Cares Act. Congr...
Be careful what you post on this message board. There is a reporter around here taking screenshots. These screenshots can end up in the wrong hands. This could lead to lawsuits because you know everyone tries to sue e...
I spent money I didn't have on a weekend long course that promised to show me how to fill out a LEASE OPTION CONTRACT on the advertising, but to my dismay, we were never taught how to. I was told on he first day to ...
So, there are many houses within about 30 minutes of where I prefer to invest that are all $40k and under and generally move in ready or need around $5k to bring them up to par. Issue is that these houses are in rath...