I am closing on an 8-flat next week in Lincolnshire, IL (NW Suburb of Chicago). There are 6 - 2beds/1bath units and 2 - 1bed/1bath units.
Currently, it is rented far below fair mark rent. The lady who we are buying i...

I'm analyzing deals for my first short term rental. I'm doing all the research: podcasts, books, webinars, articles, etc. along with finding markets where I should have an easier time finding a cleaner and handyman. I...

Looking for some peoples experience with Condos that were converted to hotels. Lending seems more strict, like more down, higher rates, etc. A lot have managements teams in place, which seems like hotel staff still 

I know people say not to accept tenants if they have no active income, but this is a medium-term tenant who would stay 3 months and they can pay the entire 3 months upfront. In this case, is it a risk to let them stay...

I've read a few posts regarding credit repair. I went into a bit of debt while in college. I was hoping to hear others' perspective on paying for credit repair. For one, I do not know the costs of what it would take t...

Hello all! I'm looking for some feedback regarding my thoughts on how to acquire my next buy and hold property. I currently own 4 duplexes in Ames, IA, and after many years of expensive lessons, have finally turned th...

Hi All,I recently acquired a property that has a smartlock. I would like to avoid providing keys to the tenants and just have them setup and control the codes for access. Smartlocks are expensive, I hate to have to sw...

So I was doing a move out walk-through with a tenant and saw a big box on a shelf in the laundry room. I asked him about it. He said he had no idea what it was and that it was there when he moved in in 2009. Felt pret...

DONE! I wired funds over to the title company and closed on my third rental today! This will be my first experience with an out of state property... so we'll see how it goes. Nevertheless, I'm excited to get started a...

Hi Everyone,My wife and I are looking to relocate (from Princeton Jct, NJ) to ease her commute.  Her office is 2 blocks from Grand Central.  We only recently moved our target to househacking a 2-4 family (initially we...