Hello,Before reaching out to an attorney, I would like some feedback, please.About two months ago we purchased a short sale in Illinois. This was a cash transaction. We updated the unit - mostly cosmetic, rented it, a...

Hey all,I need some guidance, I’ve recently discovered a house FSBO. I met with the owner and looked at it and was intrigued by the opportunity. It is an old 9 unit hotel that he has gutted down to the studs. No plumb...

The property is a 4plex with four 1/1 units in a nice neighborhood filled with SFR.

Asking price: $120,000.

Disclosed Operating expenses:
- $80/month for landscaping.
- Tenants pay water/sewer/cable/phone/garbage/...

I am a homeowner in Plainfield, IN. We recently built a home and were told that to build a fence, we had to submit an architectural change form to the HOA. We submitted a form via e-mail which is 1 of the 3 ways the...

I'm wondering what kind of agreements people have with their tenants?

They do all repairs

They pay half of the repairs

You pay for all repairs

I'm wondering because if you pay for everything they might misuse it....

Hi,

I would like to get everyone's thoughts if you care to share them about what experience has taught you to include in your lease. I mean beyond the standard lease that I am sure is similar in most cases for a smal...

I hope this is the correct place to list this question....I'd like to start trying to look at sold properties in my area each day to get an idea of what prices things are going for.  Other than the MLS does anyone hav...

In doing due dil on a newly released tape of junior liens,  I see several properties on this  that are listed by Zillow as being already sold. I have several questions related to this circumstance.1) Why are these ta...

I will be inheriting a tenant who is a retired custom car builder/mechanic and his wife.  Their unit is well maintained, and they currently do cleaning and yard maintenance on the side for other properties.  They have...

So, this 3 bed room, 900 square feet, home I am planning on buying HVAC and water heater is out of warranty. I believe the Hvac is 23 years old and the water heater is 15 or more (as I remembered). The seller wanted 7...