Garry Lawrence
19-Year-Old Closing on First Rental Property – Seeking Advice!
11 January 2025 | 12 replies
Require co-signers (like their parents), check references from previous landlords or college housing, verify enrollment status, and personal interviews to gauge responsibility.6.
Marina Wong
711 Rescue - does it help LP in case of imminent foreclosure
21 January 2025 | 19 replies
There is a free 7-day trial of PassivePockets available if you'd like to check it out before committing to the membershipBest of luck, and again, I'm sorry for the situation you're in that's really awful.
Thanh Lu
For owners, self management vs hiring a vacation rental company?
31 January 2025 | 19 replies
Most of my owners use our services because we take the property off of their hands and minds and they simply collect their checks as they come in but I have some owners that prefer to be more hands on and use our services because they value my opinion, resources, and ability to get their homes occupied at top dollar.- From someone who owns and operates a MTR and LTR PM company with over 75 units and an investor myself
Elaine Ericson
Promissory Note - how to secure or any ideas to help in this situation?
28 December 2024 | 7 replies
In this instance what I would do is get the deed in lieu from the borrower so you ahve the property again and get a note from them but have an attorney draft it to see if you can include a confession of judgment - meaning if they do not pay then you can get a quick judgment and possibly garnish wages.I would also have them put a small down payment as part of the note and only accept a check that way if you ever did garnish you have a copy of a check so you know where they bank.unfortunately you are right they can stop paying on the note and its unsecured so its a risk but out of all the options this is your best option.
Allison Park
Expectations of Investor Buyer's Agent
6 January 2025 | 15 replies
What you want is an agent with experience who knows how to negotiate, watch your back, navigate difficult situations, understand contracts and law, provides an objective cross-check, etc.
Ryan Brown
Tenant blasting music all night
26 January 2025 | 24 replies
If the eviction goes to court, then there is a record of that eviction on their file and it will make it harder for them to find another place to live (assuming the landlord does a background check).Not renewing the lease happens when either party decides they simply don't want to renew the lease.
Connor O'Brien
List Price for CHA rental chicago
2 January 2025 | 9 replies
That said, check CHA’s payment standards for your unit size and area to see how they align with your target rent.
Dave Schimmels
Rental comp calculation
3 January 2025 | 6 replies
Check to see how many contacts a listing has received in X amount of days to see if it is competitively priced.
Brennen Clouse
Fix & Flip Networking in Chicago
31 December 2024 | 3 replies
Also, check out Meetup.com and Eventbrite for real estate investor meetups in your area