Shane Alexander
Why would a home buyer waive contingencies on a house which has a lot of problems?
I'm puzzled. A relative of mine listed his home for sale "as is". It was built in the early 50s and no repairs have ever been made on it. It's been repaired esthetically (new paint, crown molding, ceiling fans) but...
Andrew Fidler
Tenant called last night, and her house is missing!!!
There are so many ways to present this, but lets just start by saying no one was hurt and everything seems to just be an insurance claim and a displaced tenant who is being taken care of in every way.I got a call last...
Account Closed
Rental property insurance cost
Hello all,I'm paying a very high premium landlord home insurance...4K insurance to be exact. I have a 3 family rental in the Boston (Massachusetts) area market. Essentially, I'm trying to cut costs if necessary. In or...
Sebastian Nadal
Looking to House Hack in Chicago for the first time
So, earlier this year I bought a 2 bedroom / 2 bathroom condo in Chicago. This was my first time ever buying property. The condo is in Rogers Park. I'll admit, I might've bitten a little more than I could chew, but I ...
Stuart Udis
Dispelling the 1% Rule
Investors share various reasons for how they qualify income producing assets, but from my personal interactions and observation, the 1% rule is raised more than any other reason. In fact, I see the 1% rule relied on m...
Kimberly T.
How to negotiate fee with contractor after emergency work is done?
We recently had a major sewer line leak that caused some interior water damage to 2 units in a rental we own in AZ. We had a plumber come out first, not knowing what was causing the water leak, and he discovered...
Lance H.
PM company-additionally insured
Hi everyone,
I'm in the process of hiring a property management company for the first time. In their contract they require that I add them as additionally insured on my Insurance policy. Is this pretty standard pra...
Jason Agulay
Leas option question
we are moving into a friends house and renting. they are moving to utah and said if we wanted to we can do a lease option to buy. How would i go about doing this? we have already signed a 1 yr lease and move in at th...
Tyler Clark
When a Negative Turns into a Positive. Let's Hear Your Stories.
A few months ago, I had a house I was getting ready to put on the market. It happened to be the largest house in the area, on the largest lot in the area. I ran some comps, made adjustments based on size and came up...
Dave Yang
roof leakage - is it worthwhile filing a claim ?
We received some heavy rainfall this past winter, and now I have leakage around my chimney. I anticipate that it could cost $5000 to fix and I'm questioning whether to take the insurance claim (deductible is $2500). ...