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I asked advice from an acquaintance that has around 20 rental properties. His advice was simply "Don't do it"! His reasoning was as follows:1. Unless you are a handyman, and can fix things yourself, you will never...
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Hello all!My wife and I have been exploring the option of real-estate investing, and through the advice of friends we stumbled upon the BiggerPockets podcast. We have listened to several episodes, and are trying to ge...
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Does anyone have the language you use in the lease for Renter's Insurance?
I am about to renew the lease with my tenant but it gets very costly having to spend another $250 for my attorney just to add a simple parag...
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For those of you who that have your short term rental managed by another company, what do you typically pay in fees or a percentage for the management service? I have some family who are considering renting out their ...
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I was all set to make an offer on a 8 unit(4 modular duplexes) last Monday 'til I found out there was a sex offender in one of the units Sunday night. I looked up his court case and found out it was for 4-5 years of ...
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Of all the major cities in the US, Chicago seems to have MF listings that have numbers that look better, at least on paper. I can find multiple listing in the 300-500k range and have 9-12% net cap. No other city has ...
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So I recently acquired a triplex on an FHA loan, and I am planning to remodel the unit where I will be occupying. I received three quotes for my remodeling project, but I am having a bit of a tough time trying to deci...
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Hey all,
Thought someone would find this story helpful or entertaining at the very least. Also advice is also welcome.
A little bit of background on me my experience and the tenant. I have been managing Retail, ...
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THis is very sad and disappointing!!! Please be respectful and share any advice.Pics belong to respected owners and I will try to link them to where I got them from........................................................