Hey all,First post here. I own a 2 flat (3 units)with basement unit on the west side of Chicago. It's a greystone in decent shape. I live on the top floor and rent the bottom 2 units. There is an enclosed rear por...
I am a fairly new landlord and don't have a lot of experience with tenant interactions. I met a potential tenant yesterday who balked at every requirement (extra rent for his pet, paying for the credit check/backgroun...
I posted in another forum about these people. Long story short: conventus has turned over servicing to shellpoint. Shellpoint has repeatedly cashed my checks (which were on time EVERY MONTH) and continues to fail to p...
Hey BP,I recently bought a 2bd 1bth property in Tucson, AZ last November with a Homeready loan. I'm currently living in the property ( Similar to an FHA - owner occupied for 1 year minimum). I have a few exit strategi...
Investment Info:
Single-family residence hard money loan investment.
Purchase price: $75,000
Cash invested: $85,000
Single family. Turned into 4 beds, 2 baths. Reframed entire first floor to due prev...
Hi everyone!I'm trying to bid on this foreclosed house on Xome.com but they have a clause that says "Buyer will need to agree to signing a Hold Harmless. Buyer agreeing to leaving as an exception on title. Adverse Pos...
Hello Everyone,I have a section 8 questions for the veteran. Apparently, the housing authority in my market (the MA / Massachusetts area) changed the section 8 inspector which based in TN somewhere. The new company se...
I have a tenant who has an MMP card and is growing marijuana. It is not clear on the landlord rights to have access to the room. According to the law for the grow room, only the caregiver and patient should have ...
Investment Info:
Townhouse wholesale investment.
Purchase price: $120,000
Cash invested: $110
Sale price: $125,000
This is a great deal for a fix and flip. The APV is 150K-200K, you pay $125,000....
I was living in my house for 5 years. Due to a new job, I moved to a new city in July. My tenant's lease started July 26th 2023. I got a letter from my county tax person on Sept 13 (see below). I don't understand how ...