Henry Lazerow
Two warnings for the Chicago market! Section 8 lawsuits and fake tenants ID's
22 January 2025 | 12 replies
I alwasy respond yes and ask my standard follow up questions and never once have they responded back to schedule a showing.
Katie Miller
If you use a CPA or Tax Professional, how did you find him or her?
31 January 2025 | 121 replies
@Oscar Meneses Check out the BP recommended tax partners here!
Stephanie Menard
Expensive lesson by leaving one clause out of rental agreement
19 January 2025 | 41 replies
You don't even check for these types of Tenants!!!"
Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
21 January 2025 | 11 replies
.: I haven't passed this past legal review so for what its worth: Part of my standard requirements for everyone include income is at least 3X rent, minimum credit score, say 640, Clean record and no evictions as well as deposit is paid in full at signing of lease and 1st month rent is paid in full prior to handing over the keys.
Justin R.
Who has moved from QBO to Rentastic (or other RE based software)
27 January 2025 | 17 replies
Now that you asked, I need to double check that.
Laura S.
Advice for 1st time landlord evaluating applicant
6 January 2025 | 5 replies
The background check is supposed to identify the amount of risk, then you determine whether you can mitigate that risk or not.
Brett Riemensnider
Seeking Eviction Advice
4 February 2025 | 7 replies
Do not continue on your own.For your next tenant, be sure you have strict screening requirements and do not waiver from those standards.
Leeling Chew
Should all tenants fill out rental application, or only the one who pays the rent?
10 January 2025 | 8 replies
@Leeling ChewAbsolutely, you should background check every adult (18 or older) who will reside in the property.
Allende Hernandez
Is it legal (or a good idea whatsoever) to reimburse screening fees?
11 January 2025 | 9 replies
Quote from @James Hampton: How about a quick check before you have to charge a screening fee?
Jarret Jarvis
Should You Self-Manage or Hire a Property Manager for Your Chicago House Hack?
31 January 2025 | 2 replies
.✅ More Control – You’ll personally handle tenant screening, rent collection, and property upkeep, ensuring everything is done to your standards.✅ Stronger Tenant Relationships – Being involved directly allows you to build rapport with your tenants, which can lead to better communication and longer leases.Cons of Self-Managing❌ Time-Consuming – Dealing with maintenance requests, late-night emergencies, and tenant disputes can quickly become a second job.❌ Legal Risks – Chicago has strict landlord-tenant laws.