Hey guys, I've been a long time lurker - first time poster.  I've been looking to buy a multifamily home in Chicago for the past few months now.  I've been going through the motions of assessing properties and I've le...

. . .    If you don't have a Permit (Yep, click bait, but I gotcha) Here is the actual Report - it's not really so bad.
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New short-term rental curbs take...

Hello all, I'm looking to get out of a 5-unit multifamily property my business partner and I have. We have a 50/50 partnership under our LLC. I want to take my portion and diversify into other properties and he wants ...

Dear Cocoa Beach Residents and STR owners,
The City of Cocoa Beach will be voting on Thursday to enact new restrictions targeting vacation rental owners in our city with new fines, fees, and restrictions ultimately...

I recently closed on my first deal and wanted to share some insights from the experience. When I submitted my offer and it was accepted, the property went under contract. This signified that the seller and I had enter...

hello, I would like to know if I wanted to open a new LLC or even amend my current one to add multiple members and purchase rental property, would one member have to qualify for the loan or all? If all, does this incr...

I would like to hear how other landlords handle HOA rules in their contracts, especially violation of rules by tenants. We plan to include a copy of the rules/fines for violations in our contract. Fortunately our...

Like a lot of cities, one of the ones I happen to invest in charges an annual $50 registration/renewal fee per each SFH. Typically I pay it, no questions asked, because why would I have any questions? However for some...

Newbies here, and we have some questions in regards to taxes and if we need a CPA or if we are good to wait till next year?
Here is our current situation:
Early in 2020 we put money into a deal with a partner to pur...

Can I cancel rental agreement if I haven't received any money yet (deposit, rent) or is it effective no matter if i received money or not??

I am landlord...changing my mind about someone I am renting a room to in my...