If I purchase an occupied property but their current rent is below market is there a correct way to raise the rent on the inherited tenant to get up to market and increase my cashflow without overt risk to occupancy? ...
Hello there I'm currently looking for a multi-family unit that has a month-to-month tenant in it. If you look at the Illinois housing department website it seems that the governor of Illinois has broadened the stipul...
Hello BP, I started investing back in 2015 with the purchase of a 3-family property around the Northeast Pennsylvania region and admittedly made some rookie mistakes. A few years later I found myself in court to evict...
HiI am looking for a good Property Management for my 1st multi-unit in Chicago, whose offer just got accepted. What should I look for when I choose the PM? Please recommend/refer any good PMs with a reasonable price.
Hey everyone, I live in a 60 year old building on the Bay in Miami. Because nobody in Miami pays their condo fees, the building is falling apart and needs to be torn down. It is worth something though as it has all su...
New here and just saw a video about you could go to prison for wholesaling? I have friends whom are police I could ask them but just curious is this a actual calculation? That was ....let’s say took me off guard and ...
I have a water leak in the living room ceiling area, just below the tub from the bathroom upstairs. A plumber cut the drywall and detected the water leak coming from copper pipes that's connected to the bathtub in the...
Looking to get my first out of state property and potentially manage myself. What kind of setups fo you have with your contractors that take you mostly out of the picture. For example, the tenant calls the contractor ...
My "net" income for one of my rentals was $330 before PITI, PM fees ate $140 of that. NET was reduced by 43%. Consider that the next time you think someone else can manage better than you.
Considering investing in property where I would like to get more "heads in beds" by adding a "bunk room" in the basement. This is based off a house on 4 bedroom septic which has 4 legal bed rooms. There is a finished ...