Ok, next installment of help me understand: HUD, particularly www.hudhomestore.com.First, is it a good place to get good deals? It seems safer than a foreclosure. Is it?Second, why are the eligible bidders sometimes l...
Hey all, I have posted a pay or quit notice about two weeks ago and tenant has 0 money for anything. Does anyone change locks? I know its not legal but tenant has no money and won't leave. What is the next step, first...
Hi everyone, Clayton here with a question on due diligence periods. I am currently selling my home, due to a military deployment and I'm afraid my agent isn't fulfilling her fiduciary requirements. I need help from a...
Hello Forum,
I am very new to real estate investing. I have an investment property, cash paid, in Hoffman Estates (a suburb of Chicago), IL. I live in Peoria witch is about 2 and 1/2 hours away from Chicago.
I am pl...
I am looking at selling and investment property and would like to do a 1031 exchange. Their is a possibility that the new property I purchase for the 1031 exchange will eventually become my primary, owner occupied re...
Hello, Is there a known method or rule to determine the average annual cost of elevator maintenance and inspections? Age, model, make= $$/year Property has one elevator and I am currently researching this due to no...
Hello,It sometimes happens to me somewhat rarely the tenant after all the pre move in inspection starts nit picking on frivolous things soon after moving in. I set myself a certain tolerance level and try to accommoda...
Hi all,With a recession looming over us, I wanted to ask about public housing. For those of you who rent to low income tenants, and have been in the real estate game for a period of time (specifically through the 08 c...
Hello! I'm looking for some ideas here. I bought a duplex last year when rates were low-low-low. The 30-year fixed interest rate is 3.5%. I have since bought a second, larger property. I'm looking at buying another la...
I was just kicking around the idea in my head of putting deposit money into a super safe interest earning savings account or 11 month cd. Could easily be returned after the year is up and the tenants move out. I ass...