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I think this is the 1st time an insurance inspector has visited my multifamily in the 23 years I've owned it. I live here and use the basement as storage and workshop, and that my biggest concern. I figure I need to h...
Hello,My boyfriend and I are looking to eventually make about 5-10k/month in passive income. We are both young (23) but want to get started as soon as possible. We have been doing a lot of reading and have a bunch of ...
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Read in da news that AMAZON pulls out of NYC.
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I have a property in a great location 3 Colleges, & new buildings/constructions being built! purchased it under 60K fully renovated 3B 1B row house. I came across the rooming house method for cash flow!! renting r...
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I have a tenant whom deducted some money from this months rent for the purchase of salt and sand. She included the receipt of a local store but sent me NO previous notification. The law here for this type of stuff g...
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In Chicago it's common for multi-family buildings to have a coach house behind the main building, which 120 years ago was legitimately for storing your horses and carriage, but now has been converted to an additional ...
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Last week I got a text that said "we left something in your cabin please call us" (It is our policy not to call people so that everything can be document in text and we also rarely write back actual text messages that...
how big an assignment fee can someone take without it being objected to by the end buyers. what I mean is can you take a large assignment fee say like $50,000 if the deal still a good deal afterwords or are you likely...
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I'm going to be renting out a 2 car garage in Minneapolis to someone other than one of my current tenants (current tenants didn't want to pay extra for the garage). I'm curious if anyone has experience doing this in M...
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My question is: What are reasonable terms for an LP in a commercial / multifamily investment that I can draft up and have my CPA and lawyer review? I don't want to come to the table empty handed. In order to fund both...