I am closing on an 8-flat next week in Lincolnshire, IL (NW Suburb of Chicago). There are 6 - 2beds/1bath units and 2 - 1bed/1bath units.
Currently, it is rented far below fair mark rent. The lady who we are buying i...
I've read several of the blog's with regard to "house hacking" including @Scott Trench's experience with his first property as well as @Darren Sager's podcast on his duplex ventures, and I've decided this is the path ...
Hello, folks! My wife and I are in our late 40s. We have owned a one single-family rental before. We have renovated houses before. We like doing it! I sold a business a couple years ago and will be getting a final pay...
Hello,I was searching the courthouse website and I came across several properties with foreclosure civil actions. Does this in fact count as preforeclosure? At what point of the foreclosure process is it no longer leg...
Wife and I purchased a SFR in Phoenix a few months ago with the plan of making it a LTR. We thought we had our rental numbers right but after listing it for just over a month, we're looking to lower the amount again a...
I am 17 and I am obsessed with learning more to become financially free through Multifamily investing. My parents want me to get an MBA but I don't think that I need that to be a successful Multifamily investor. I wan...
I finally put up an offer and was accepted. I placed a $ 2,000 bid on a NPN of $ 92,000, but the house has a value of only $ 65,000 max. I'm thinking if I can get the current occupant to agree with a restructured and ...
Heading to court today to file an eviction for the first time. I have done everything possible to avoid the situation. Some people are just no reasonable. The cost is going to be $192 to file the paper work. I am in T...
Those of you guys that have been at this I am curious how you handle the following situations. Everyone says to set your rules and keep them.Smoking:Pets:Credit:Felons:Age:First time renters:Previous evictions:Rent Co...
I am interested in buying a 5 units multifamily property. What should I look for before I make an offer besides doing an inspection? How to verify that the tenants that are living there now have always paid on time? S...