My father has a few small rental buildings in the NW Chicago area. He was the primary property manager and jack of all trades for the properties, but recently he had a massive stroke. His stroke was really bad that he...

The last week has been depressing as we went through a prelim exercise to understand our tax situation. We have a MAGI of over $150k through 2 W-2's, live in a rented house and own a few multi-families. We made a rent...

I have a 401k with my current job. It is all pre-tax contributions i.e. I did not pay taxes on the money that is in there. I have heard that you can roll your funds out of a 401k and into an IRA or other similar accou...

Hi,

even though I really didn't want to, in the end I had to accept a condition of the seller to have adjustable rate on the seller's financing. There is a 4 year balloon, so I just hope that the interest rates won't...

Hi there!

I'm a Realtor in my area and had this 43 unit apartment complex pop-up as a new listing today. It is listed with the language "WELL BUILT BRICK 43-UNIT APARTMENT COMPLEX WEST OF DOWNTOWN YPSILANTI. 31 1BR...

I am an investor and in the middle of processing my 1st short sale.

Home is worth $100,000 ($90,000 for a quick sale). I have a contract offer for $50,000. Some work will need to be done on the house. I helped the h...

I am suprised that no one took Josh up on his offer of making a suggestion and starting a topic for this on the open forum.

My post to his Blog was as follows and any and all comments (good or bad) are welcome.

The ...

I've found a fairly dilapidated, smaller mobile home park (maybe 20 units?) that has only 1-2 actual tenants on the property with numerous abandoned homes. It sits on a very nice little pond in a rural setting by not ...

I own 3 buildings each under their own LLC. I did this to limit the loss should any lawsuit arise.

I also manage these buildings myself, and now I am reading that if there is an issue, the tenant could sue th...

I live in New Jersey so I need a little help understanding my rights and responsibilities here..Against my better judgement, I let a friend of a friend stay for me for about 4 months while he was getting back on hi...