I finally took the plunge and bought my first rental investment property. I have bought the property in my name. I have a decent net worth and both of us (me and wife are W2 paychecks) and now I am being advised / rea...
Hello all! I appreciate you taking the time to read this post and hope that it will spark some constructive conversation that is not too repetitive (someone may have already asked this). I am about to enter the milita...
Hi everyone, I want to start a discussion on why Chicago is littered with zombie homes and how some blocks are condemned with zero investor interest. I've always accepted the fact that Chicago's neighborhoods can go ...
I would like to buy property in international markets but I'm curious, is it difficult to buy multifamily homes as a foreigner? Is it a bad idea? Would buying single family homes be a better investment for hold and re...
I had a leak under the kitchen sink in one of my properties. It actually leaked through the kitchen floor and onto the basement floor. When the tenant told me about I immediately filed an insurance claim. She went on ...
Hey, folks. I'm looking for feedback based on your experiencewith renting to prospective tenants that are under 21.Some context: I am trying to fill a vacancy in one of my rental units and I am having a hard time fi...
My direct marketing campaign yielded a motivated seller of some condos local to me that I'm interested in acquiring for buy-and-hold rentals. The complex is a single 15 unit building in pretty good shape physically, ...
Hello all,I am trying to find a tenant for my first rental property (sfh). I posted my ad to Zillow, Trulia, and Hotpads (all through Zillow), as well as Craigslist. Yesterday I called a prospective tenant for the f...
Hi all,
I came to this site after browsing online for some good income property advice. My name is Tim and I'm 28 years old and have been a homeowner for a little over 4 years now. Between what my wife and I...
I don't know why I'm having a hard time differentiating the two. What is the difference between an Independent Contractor and a Subcontractor? Let's say I hire a general contractor but I decide to choose and pay my ow...