I recently purchased a mixed use building with a partner; the commercial space is on the smaller side but I have interest from an individual who would like to open up a salon. Any suggestions on the type of lease I sh...
Hi Everyone, I need help, I don't know where to begin with my questions so I'll start with my top pressing scenarios I need to help resolve. Thanks in advance and feedback is much appreciated! Scenario 1: Roommate no...
I am in the process of purchasing investment properties. The loan documents that I signed required that I sign an undisclosed debts document, providing that I agreed that I did not have any undisclosed debts and ...
I have a noisy tenant with a sensitive neighbor that just can't seem to get along. The neighbor keeps complaining to the HOA and I get called into board meetings. The problem is that I live 50 miles from the propert...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $125,000
Cash invested: $32,100
We started self-educating about REI in Dec 2020 and by Jan 2021, stumbled upon a fr...
So I can't help but ask this question? So I live in a really nice apartment in the Wicker Park area in Chicago. I love the bldg. I've lived in two different units but I want to get into the multifamily game. At my pri...
Hello community and happy new year! I have a Hard Money loan that’s coming due with a balloon payment approaching mid March. I use the hard money for a Flyp I’m doing and unfortunately has come up with quite a few obs...
A tenant asked if another roommate could come live with her. She lives by herself now in a 2 bed, one bath, so there is room for them both. I explained that they would be added to the lease and must pass all other bac...
Would like to learn how a personal guarantor is compensated for taking the risk. Sponsor just purchased a land to build an apartment. Sponsor is in the process of set up an LLC with multiple members put in equity mone...
Does anyone have any recommended verbiage in regards to Attorney and Collection Fees that I can put in my lease and or rental agreement?