I talked with a pretty desperate seller yesterday. He is willing to let me use his existing financing to purchase his home so he can stop worrying about it. However, I'm not sure that this deal can work. I'd appreciat...
I recently ran across three companies that issue Surety Bonds as an alternative to security deposits. The idea is simple: instead of requiring tenants to front a hefty security deposit up front -- could be $2,500 arou...
There is some deferred maintenance tenant want me to take care of in the bathroom and kitchen in a 2 bedroom/1 bathroom house. The work should take about 4-5 days. The work is pretty extensive so I want tenant to move...
Is it even possible to switch a building from 1 water bill to having each individual unit being metered? Anyone with experience doing so? I would imagine it being quite $$$
Should I separate the water and electrical meters that are shared between 2 units? I feel like in the long run it would be beneficial because I wouldnt have to worry about paying the utilities and I could lower the li...
Just wanted y’all’s thoughts on a lease being 3 years for a single family home. I have a tenant that has requested this. What do you guys think as far as pros and cons? In the past I have never done a lease over 12 mo...
Hi all,I just passed the real estate license exam here in Chicago, my intention is to do this for family business purposes and am looking for a favorable commission structure. I found one brokerage, Kale Realty who ha...
I am looking to paint our rental this summer.It really does need it, was pointed out by the inspector. I figure the investment early on will save me headaches in the future.Any thoughts on this? Any suggested paint br...
Hello,I have 2 properties where I can be more selective regarding renters. 1 property is in a less desirable area. For this property, i was thinking of doing a month to month lease. I figure if it's a good value, peop...
Hey BiggerPockets Community !
I have about $180k in equity in one of my investment properties and I have a nice amount of cash on hand and I have an idea that I would like your thoughts on. I want to build a home o...