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All Forum Posts by: Kolton Weichman

Kolton Weichman has started 3 posts and replied 8 times.

General Landlording & Rental Properties

Post: Student Rentals in Normal/Bloomington Illinois

Kolton WeichmanPosted
  • Normal, IL
  • Posts 8
  • Votes 5

Hey there! Anyone doing student rentals in Normal/Bloomington Illinois right now? 

0 Votes
Buying & Selling Real Estate

Post: First rental property in Minneapolis area- need help

Kolton WeichmanPosted
  • Normal, IL
  • Posts 8
  • Votes 5

@Arshad Khan watch this. https://youtu.be/ca7fTWbdGuQ

1 Vote
Buying & Selling Real Estate

Post: First rental property in Minneapolis area- need help

Kolton WeichmanPosted
  • Normal, IL
  • Posts 8
  • Votes 5

@Arshad Khan Pay*

0 Votes
Buying & Selling Real Estate

Post: First rental property in Minneapolis area- need help

Kolton WeichmanPosted
  • Normal, IL
  • Posts 8
  • Votes 5

@Arshad Khan Don’t Pat all cash unless you want to lose money and get a lower return.

1 Vote
Buying & Selling Real Estate

Post: Buying with tenants

Kolton WeichmanPosted
  • Normal, IL
  • Posts 8
  • Votes 5

@Patti Robertson No, we haven’t closed on it yet. Sorry for the poor choice of words.

1 Vote
Buying & Selling Real Estate

Post: Buying with tenants

Kolton WeichmanPosted
  • Normal, IL
  • Posts 8
  • Votes 5

Hey, I just purchased a 4 bed 2 & 1/2 bath house in a college town, that has tenants currently in it with their lease ending in May.

I am just curious what the process of buying is like with tenants already in place?

What happens to security deposits?

Etc.

Anyone have any knowledge or experiences they could share?

2 Votes
New Member Introductions

Post: Married couple in Central Illinois aiming for 4 plex in a year

Kolton WeichmanPosted
  • Normal, IL
  • Posts 8
  • Votes 5

@Shawn Q. Very true. What challenges do you see both in Bloomington & Champaign?

0 Votes
Starting Out

Post: Best Way to Accept Payment

Kolton WeichmanPosted
  • Normal, IL
  • Posts 8
  • Votes 5

Hello, 

I was looking for the most efficient way for tenants to pay rent? How is everyone out there currently accepting rent?

Thanks!

0 Votes