All Forum Posts by: Jesse Rodriguez

Closed on a duplex with inherited tenants and need to evict one out. They are on a month to month contract. Anyone willing to share a pre made document as this is my first time doing this and don’t know how to go about this? Greatly appreciated!

@Cham Vee Good question. I was wondering the same for myself. I’m curious to know what programs that some people are talking about.

@Jonathan Klemm so what exactly makes a non friendly landlord state? Rent control?

What do you lot think of investing in Chicago area? I’m currently in Milwaukee and looking to get out. I heard Illinois is not investor friendly.

How much does one know how much to save for capex, vacancy, repairs, etc.? People recommend saving 5% for vacancy but what is the target amount and how do you figure how much should be saved specially for each category?

@Harish Verma thank you . In my case I just bought a duplex where I live on one side and tenant in other unit was already there for 4 years. Rent is under rented for the area. If I do one a 1 year lease, it will end during winter time (freezing and snow) so I thought I can offer a 9 month so that it will always end during a spring or fall time.

@Jacqueline Blue Good to know! Thanks

I would like to see what people think about 9 month leases. Anyone?

Hey everyone,

I will be house hacking my first property. I need homeowners insurance but not really sure what to do add for coverage. Should I be doing a basic or premium coverage. House was built in 1915, has a flood foundation, just needs touching up.

@John Warren Good point, thank you!