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This gets stranger by the moment. Just wanted to share....Tenants where renting for a full year and then renewed last Oct-2015 for another 2 years having already lived in the home for a FULL year prior to the renewal....
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How do you evaluate what improvements are profitable for rental units?Assuming everything is repainted & clean, what is a good framework to understand the impact of:-new kitchen countertops -bathroom updates-lands...
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I list my properties in MLS and also do rental open houses 2x/week. I have a newer rental property that I rented out for the first time last year, in July, got it rented in 2 weeks for $1600. This year, listed it Au...
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I am getting ready to rent out my first investment property and am trying to figure out what incentives, policies, etc. to put into my lease. I would like to hear some of the biggest/most common problems other investe...
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We are considering allowing pets in one of our duplex rentals. What are your thoughts/experiences with tenants and pets? How much do you typically charge as non-refundable deposit as well as monthly pet rent? What ...
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I've sent out my first major batch of mailers and I have no complaints about my response rate. Though, I do get a ton of hangups. I realize that the people who make it anywhere in this business are awesome with their ...
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How do you get a seller to sell 20% below value. Most of them list way above value as it is. What is the easiest way to do this without turning off your seller?
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I need to move out of my apartment by November. It's a problem that gives me room to do my first investment. I found a duplex that is FULLY rented now, top and bottom floor. Owner is willing to sell contingent on t...
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Multiple sub-questions when I ask this because I get pretty confused on this topic. When and why do I need to set up an LLC (For rental investing and flipping)? Will having an LLC for 'each' property do any real justi...
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Just signed up after being an avid BP reader for the past couple months.
Trying to get started in the area surrounding my home in the Chicago suburbs.
Up until a few months ago I had no RE background, o...