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Hello Everyone,I have recently purchased my first investment property; a duplex in southeast Michigan. There is one unit occupied as of purchase and the search for the second unit tenant has been off to a rocky start....
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Looking for someone to tell me “yes, that should work” or “no, bad idea and here’s why”:My husband and I have been wanting to get into real estate, and are now ready to start moving forward. We’ve built up some equity...
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I have owned one of my properties for almost 2 years. It has been rented for about 6 months. The tenants are asking to purchase the property.I would like to do a 1031 but I am not sure if this property would qualify. ...
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Hi people,I'm looking for any and all advice regarding the FHA 203k Loan/ Renovation process for multi-unit properties in Chicago. If anyone has experience (positive or negative) i'd be curious to hear what it was lik...
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So my property management company filed for bankruptcy (Enhanced Property LLC, managed by Keeyana Garrett, there was a post from several landlords, who had properties with them). I had one property with them and they ...
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I am in the process of taking over my 5 units from my Property Management Company. I have seen that most apartment communities and other residential rental companies use Rent Cafe. I have heard of RentRedi and softwar...
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I'm under contract for a duplex in California that I am purchasing under an LLC. As far as I understand, an LLC that owns a duplex in California cannot evict a tenant except for a "good cause" eviction for things like...
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Hi we are looking to sell to our current tenants and they are getting an FHA loan. The appraisal came in $30k under the agreed upon price. The price we agreed to was what OpenDoor had already offered us so we could al...
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How do y’all collect rent from tenants?Me and my family recently came across an ad that seem too good to be true. It was for a rental on Craigslist. 3bed 2.5 baths all bills paid except water with a security deposit o...
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Hi everyone, My background is owning a small fine woodworking business and doing contract based creative direction for a niche corporate brand development firm. A few years ago I was unhappy with how much I was workin...