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Greetings BP members!! I have inherited a tenant whose lease expires end of Aug. Tenant pays on time but keeps the unit dirty and its smelly. Tenant wants to continue at same rent. Rents have gone up in that area now....
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Hi All, I am currently in the attorney review period buying a 2-flat in Chicago. My attorney demanded the bottom unit be vacant by closing as seller had given 30 day notice to a month to month tenant when it was put o...
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HEY GUYS! So I wanted to make this post to help inspire those who are interested in real estate, and also for those who've already made it to look back and smile at the memories I'm sure they have!I've been a landlord...
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First of all let me say, a lot of this is my fault for allowing them to stay this long. Due to backed up sewer and lots of rain, water damaged the unit and they didn't tell me for days. Now there's mold everywhere and...
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My property's lease is coming up for renewal at the end of June and I wanted to get a sense of how many weeks before the end of lease do you start to advertise the property? What is a reasonable amount of time to exp...
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Hi everyone at BP!
I have been reading many hours of forums and have learned a lot about residential income real estate. Thank you all!
I have 5 units with leases beginning shortly after purchase (Lease...
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The tenants' lease on their rental expires 12/31/23. I sent them a notice that the lease is expiring and they must vacate by 1 pm on 12/31. (I'm required to give them notice 90 days before the last day of the lease. )...
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Here's the scenario. After agreeing on sale price and having their inspection, the buyers and I agreed in a repair amendment that I would make certain repairs to my property which ended up costing me approx $4,500....
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So we recently tried selling a house. The day before closing, the buyers backed out. No reason was stated.We only got a quarter of their earnest money.I was under the impression the earnest money exists to protect t...