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Rookie question time. So, I have been poking around this site for a while and decided to sign up, because I cannot get my head wrapped around something. I understand how LLC's can benefit/insulate an investor if str...
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Hey all, I have a quick question regarding returning my renters deposit. My renters lived the rental for close to three years they did a great job for the most part taking care of the place, however they cracked 3 til...
I'm visiting my father-in-law for Christmas, and he told me about a student condo he owns that's not like anything I've run across before. It has about 160 doors and 700 or so rooms, and all doors are subject to the ...
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Have you ever heard of short-term rental funds? These funds would pool money from investors, buy and convert homes into short-term rentals and then return rental revenue to the investors. Any idea how they might be st...
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Is it possible to get a license solely for personal use? The fees and work to get a license isn’t a huge deal, but would any brokerage allow this? My only holdup would be finding a brokerage firm to work under...I’m...
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We're getting ready to close on a 4 plex - units 3-6 for us. All 4 units are currently rented but we intend to end the month to month agreement with one of the tenants due to cleanliness issues. After that we're plann...
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I am looking at a property that is a bit odd. It has a triplex and a sfh on the same lot. It's On the market for $330,000. The rents total up to roughly $2500 per month according to the seller. I have a loan pre-appro...
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Hey all! For context I have read and seen on YouTube that providing value to others is a great way to start building a network and growing with people along the way. Being told to provide value is all well and good bu...
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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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Introduction
When it comes to home renovations, the financial aspect can often be the most challenging hurdle. In my quest to find a solution for my own home improvement project, I stumbled upon Fannie Mae's HomeStyl...