Zachary Jensen
Wife doesn't want to increase rents
8 February 2022 | 117 replies
But, if this great tenant has been conditioned to accept annual 3-5% rent increases, why would you disrupt that, especially in a period of high inflation?
Liam Martin Ruane
All my applicants want to sublease through AirBnB etc
10 September 2021 | 36 replies
We have 2 properties that we own and airbnb (3 units, 4th coming soon) and I can count all the issues on both hands over a 350ish stay period.
Mark Killion
Average Cap Rates for Chicago Multi-Family Properties - 2021
23 March 2022 | 15 replies
If a map area has a lighter shade of blue, it means the cap rate is lower in that area.If an area has no shade at all, it means there were no multi-family sales for the time period.This analysis covers the 2 year period ending on August 14, 2021.
Tracie Van
Tenant's BF is living in unit, not on lease
14 September 2021 | 10 replies
My lease has something along the lines of overnight guests cannot stay any more than 8 nights in a period of 30 days and the landlord has the right to restrict or revoke guest privileges if he/she feels this privileges are being abused.
Philip L.
Pet Fees and Limitations in Michigan
5 October 2021 | 6 replies
You always have to allow service pets, period that is federal law.
Greg Dunkle
Purchasing our First 2-Unit
9 September 2021 | 3 replies
If you are buying cash, there really should not be a seasoning period that you need to abide by, but you'd want to get all the work done that you have identified so that the appraisal comes back as strong as it can.
Justin Goodin
An Example Real Estate Syndication:
20 September 2021 | 2 replies
In this case, a 70/30 split was agreed upon at the outset of the syndication (70% to investors, 30% to the Jane and John).At this point, each passive investor has received monthly cashflow checks during the renovation and hold period, plus their initial capital investment back once the property sold, plus their portion of the profit split after the sale...a pretty sweet deal for little-to-no work!
Clenvic Cayme
Buying a home with a Tenant, can they sign a lease agreement befo
8 September 2021 | 2 replies
If it's month to month then you can put in your contract that you'd like the home to be delivered vacant OR request that they do not make lease changes during escrow period.
Aaron Lane
Next steps for an investor
9 September 2021 | 2 replies
Yes, it will cost you more, sometimes, but maybe not if the project can be completed in a shorter period of time.I live in California and we don't do BRRR, but I do flip homes locally.