I had just requested removal of PMI on my condo when the following week a major snowstorm in Chicago dumped over a foot of snow. Before I could get the appraisal appointment scheduled, the snow started to melt and the...
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Long story short: I rented to three qualified but young tenants. A boyfriend/girlfriend couple and the girlfriend's cousin. For whatever reason they had a falling out. I've been getting texts from both sides complain...
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I recently inherited a property as a "Tenant in Common". I am one of 5 co-owners. I would like to leverage my share to use as capital for my real estate investment company. The other co-owner's are unwilling to be gua...
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Hello, long story short, myself, my father and a friend started buying and selling raw land. Mainly farms. We are on our third farm in two years and I have a niche for finding and flipping these things. The set up now...
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In your experience, what are some common legal needs that you encounter? Recently I have seen a high influx of LLC and Partnership agreements related to redevelopment projects and Opportunity Zone Funds; and I am look...
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How many of you all are landlords?
In other words, how many of you all own more than 1 house, do not live in said second house and have a tenant in said house?
Great.
Now how many of you when you are fed up wit...
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Hello,I came across a multifamily which is a 5-plexThe seller’s agent showed a vacant apartment when I was there as they don’t want to disturb tenants on casual inquiries. When I first bought my triplex I needed a pre...
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Quick version: In your collective landlording experiences, what would you say are the most consistent maintenance and repair issues that you run into, particularly when dealing with multifamily houses.Backstory: I'm s...
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As residential rental investors (aka buy and hold), our life blood come from our target customer: renters. Did you know the dominant (most common) household size is the single-person-household among renters? This me...
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There are 4 common metrics you’ll see when evaluating deals as a passive investor:1 - Cash on cash return: This is what most people think about when investing in real estate.Cash on cash is measured by how much rental...