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While researching before investing. I found that the typical eviction time-frame in Chicago appears to be at least 3 months and up to 4 months. Well, those are the risks one must take and due diligence checking all r...
Today will be very important to see what the US DOJ will do on marijuana enforcement. So far they have made it public they will be scrapping all the memos and guidance that has kept prosecutors from prosecuting peopl...
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Sorry for posting a long story, but I'm starting to get exceedingly frustrated with the mortgage broker who is working for a buyer of one of my properties.
The short story is that he screwed up in forgetting to order...
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I started the remodel on a 6-plex I recently purchased. Last night I began tearing out the bathroom in vacant unit #6. Check out what I found behind the shower surround when I removed it....So here's my dilemma... Wha...
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I am in the middle of negotiating price on 4 unit house, the place is very clean and very nice, everything is mostly up to date. The only issue is there is still some left over knob and tube wiring in the basement ...
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As you all know, I am new to this real estate investing arena. My question is if I get a Private Money lender to fund my purchase, How do I make money after flipping the property if they charge a rate of 12 percent...
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At which point in the foreclosure auction process (Let's say once I am the winning bid on the property) do you have to put down an EMD?And just checking, is the EMD requirement for foreclosure auctions 5% of the total...
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I'm going to a triplex open house this weekend that I am very interested in. It is also my first short sale. This property is 80 years old, so I want to be especially diligent.
When you are checking out a property, w...
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What Does A Property Management Company Do Anyway?
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I have a huge house that I just added to the portfolio with a nice MIL apartment, which helps subsidize the mortgage quite nicely. I'm planning on downsizing to one of my other rentals eventually, and am wondering how...