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What are people's thoughts around tenant's Renter's Insurance in Chicago? We recently signed a lease with tenants (2 people - Person A & B) where they have 1 renter's insurance. Person A has the renter's insurance...
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We have a tenant whose lease ended on Aug 31st. They have not paid rent for Aug and now Sept. They have signed a lease on another place but are taking their time to vacate the property stopping me from renting the ...
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Hi all,
I just took over managing a ten-unit apartment that my family. There was a manager in the past but she let a lot of things slide and I don't think was very effective. Now I want to figure out how and best t...
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Can utility companies in MA place liens on the landlords property if tenants refuse to pay past due bills under their name?I have a scenario where I gave the tenant proper notice to resolve the issue (utility company ...
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Is this true? Check out the link to attached article. This question is a little bit confusing. According to this article, in Florida only the landlord signature requires 2 witnesses. My lease, however, which was drawn...
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Hey I'd love to hear a synapsis on a pre-foreclosure or foreclosure that worked out! What were the numbers, how did the deal come about, what came up that was unexpected, and what was the payout? Looking for inspirati...
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Here's my situation. Last year I purchased a distressed property and spent the past year fixing it up. I was going to try and sell the home so I can purchase 2 homes that I'm looking at. I'm also engaged and getting m...
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Yesterday I received a call letting me know that my tenant was found deceased in one of my units yesterday morning. They lived alone. I spoke with a family member who said they are waiting on the examiners report and ...
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My wife and I both have W2 jobs. We are currently in the process of refinancing our rental properties. After we refinance, the mortgage and deeds will be in one of our individual names (versus formerly in both), but ...
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Hi BP,I've mentioned in earlier posts that I'm considering a career change. I've always been interested in the lending side of real estate - specifically on the commercial side for local community type banks.If anyone...