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When buying your first property, especially multi-family, you're bound to frequently come across occupied units and often while the tenants are home. It's a fact of life in a multi-family property search, and while i...
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Hello,I purchased my first rental 3 unit home in which the tenants is paying 700 per month with the help of section 8 housing. The previous landlords kept rent the same for the past 15 years or so. The tenants renewal...
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I would love to hear anyones thoughts on how they would structure thisSeller is facing tax foreclosure.Mom is 94 and daughter is in her 60's. Mom does not want to move because of how long she has lived there.Approach...
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So my wife and I run a brokerage here in Indianapolis. We do a lot of investor deals but we also do a fair amount of retail stuff.. flips and other wise. Obviously we have to operate under a code of ethics as any o...
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Hello - I would like to get some feedback on how to properly handle this scenario. A tenant who is on a month-to-month lease recently drove his car into the garage door on my rental property, causing irreparable damag...
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Two family house that we live in purchased July 2015 we inherited the tenant. She has been here for 7 years pays her rent normally two days late and she is slow to notify of any repairs. The bathroom floor needs to be...
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My husband and I are getting ready to jump into flipping houses. He is a bit hesitant and typically thinks of worst case scenarios which has him a bit panicked. I want us both to be completely ready before we do this....
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I am looking to acquire another small multiunit in Chicago. I have no experience with boilers and want to know the expected maintenance and monthly per unit heating costs if I am footing the bill as the landlord. Can...
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Two days before closing my lender advises that neither FNMA nor FMMC would buy my loan. Only financing 70% of appraised value. 81 of the 86 units are non owner-occupied so they didn't want it. Non-warrantable.Of cours...
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Morning. This may be very straightforward, it may not be. Hence I'm asking the collective. Current situation: I currently own a 2bed/2bath condo in Downtown Denver. Condo value is somewhere $580-600k, currently have o...