Hello experts,I lent money to a borrower to buy a property in Chicago. But he stopped interest payments after few months and didn't pay anything after loan maturity.  I then engaged an attorney to proceed with foreclo...

If this has been posted before, my apologies. I found this link on another forum and wanted you all to see it. This is a glaring example of why I do not accept Section 8 vouchers. What a sad video. I wish the guy a...

Hello All, New Member With A Question,I'm hoping to tap the collective wisdom about our situation.  We (myself and spouse) are relatively new to landlording, say between 1-2 years (5+ years if you include renting to f...

Hello! We are looking at properties that already have tenants. I am wondering how that process works (lease, rules etc. that are already in place from previous owner). Do we write a new lease and have them sign? Do we...

I read a lot about the need to protect your personal assets if you own rentals or from your business activities.

My question is... Who has personal assets that are worth worrying about protecting?

If a...

Tenant has extenuating circumstance and unable to pay rent for next 2 months (I already served him with 3 day pay or quit).  He suggested a promissory note which forfeits his security deposit as a short term bridge pa...

We rented a vacation rental property in the Ocean Beach neighborhood of San Diego from 1/16/16 - 4/16/16.  We paid a $2,500 deposit and $2,500/month for a total of $10,000.  Upon departure, we went through a walk-thro...

Short version: 4 adults (family) rent our Townhouse on a 3-year lease. "Bob-The Son" gets hooked on heroin, vacates the property, returns to steal everyone else's stuff to pawn for drugs, gets arrested and goes to jai...

Here's the story: Deadbeat tennant using every tactic to stay without pay THE END.
Now the purpose of this is to get help in moving on because i refuse to give up. I'm new to this business, love it, and feel that thi...

I am selling a low-end rental. It has been slow, 5 months now. It is a rental neighborhood. Having a lease is a plus. Now there is someone interested in the property and they want to view it.My renter has been rese...