I am at work, but my wife just called and said she put in several hours at one of our new properties cleaning the oven and stove. It just seems to me that the work NEVER ends and we get nickeled and dimed by the util...
Long story short; I rented out my home to a couple and their mom that started on Nov 1 2010. I used the model lease agreement provided by BP which covered everything. I received rent for Nov and December. I did not re...
I recently purchased a performing senior lien. While the audit was being performed by my servicing company they found that the loan was not escrowed for taxes and insurance at origination. They went on to inform me th...
Section 8 tenant informed off intent to vacate April 30, 2022 at end of lease and now says Housing Authority of Cook County(HACC) has send a mail that the lease is extended till May 31, 2022 at the same rent. Can HACC...
Hi all, My husband/business partner and I own 3 rental properties in NC. We're getting ready to invest in another property and wanted to know if we should consider setting up an LLC now. Some places have said to set u...
Should I start out with single family homes or 2 to 4 multi unit in the Columbus Ohio area ? I am not set in Columbus but would like to invest in Ohio due to the nature of my business. Possibly may choose between Cinc...
I have a rental with a couple on a month-to-month lease. The couple broke up and the woman moved out and now she wants to terminate the lease, but the guy wants to stay. Can one tenant terminate the lease for both te...
I know this is looking at the issue from the wrong side for most of you, but would love some input. We signed a lease on house just under 3 weeks ago ~paid the security deposit at that time, which has been cashed. W...
How do you close on a sandwich lease option without screwing up your option with the buyer. To make that question more clear, how do you close on a deal like this without the buyer finding out that he/she will be sub ...
I have a property in which the tenant had a "cooking accident" that sent flames up to the ceiling, and burnt a whole into the bedroom above. The work order from my property manager is for $6120.00, and my deductible ...