I got a deal on 2 (3 acre) lots (on lake Michigan) it is a few hundred feet from the lake, there isn't a direct line-of-sight with the lake, but the property does have deeded access to stairs that access a private bea...
Hello
I recently bought a home in the western suburbs of Chicago and realized during the last heavy rain I have some drainage issues. I'm having water pool next to the foundation wall of the home and noticed that the...
Hello all,
I'm currently in the process of helping an owner with due diligence for a 10 story office building. I've had several management/maintenance companies walk through. I know this is a complicated building mec...
Hello everyone,
I’m seeking your advice on whether I should continue holding or sell a property I purchased last May 2023 in Windsor, Ontario, a city next to Detroit, Michigan. I acquired the house for $350,000 with ...
Quick question for my apartment owners. How much money do you set aside for maintenance? For single family houses I usually plan on keeping 10% of the purchase price. For example $100,000 keep a maintenance fund aroun...
Hello,So I wanted to know what exactly I can ask for the tenants to pay for as for as maintenance is concerned. I would like to have them pay for gardening, pool maintenance, and plumbing. Is there any issues I may fa...
I purchased a duplex with FHA and had a clean 4-point inspection. I went through closing with no problems. After closing, the insurance provider requested that the inspector updated the 4-point to include the secondar...
Hello All!
I have a live-in maintenance man, and I'm interested in making him the onsite property manager for an 8-12 unit complex. Curious what his compensation should be for the additional workload.
Should I ...
Hello community,I have been debating whether switching to gas water heater makes sense over swapping the old tank WH with a new one? Tankless WH cost has dropped significantly, they tend to last longer and are less p...
As more and more clients ask me to recommend property managers for their SFH, Duplex and Fourplex properties, I'm updating my due diligence checklist when comes to what to ask a property management provider:Here are s...