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So, I am in a bit of a situation... The back story:My parents purchased a property in MT on a land contract about 6 years ago. A very nice property in a great part of MT. My parents cleaned up the property and have s...
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I have a duplex with a high-end two bedroom unit and while it is priced accordingly I want to be very selective on my potential tenant pool. Has anyone ever listed a minimum credit score on their rental application an...
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I rent to students around a university. It is mid year and this tenants mom (co-signer) wrote the following note;I am writing to formally request the early termination of my child's lease at location in San Jose due t...
I sold two properties last year, one of which was a rental, but both pass the look back test. Would I be able to claim the exclusion of gain for my primary residence and claim a partial exclusion for my renal or vise ...
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So a brand new tenant hurt himself his first week staying at a rental of mine. He claims he stepped on a deck board outside and it popped up and busted his lip. I inspected the deck and it looks to me some force was n...
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So I'm looking to purchase my 1st rental property. How/what should I use to screen potential tenants? What's the best way to collect rent? Is it normal to get the 1st and last months rent plus security deposit OR just...
Hi all, I am in the midst of revising my rental criteria and just want to see what you all thought about my criteria below in regards to income and credit scores, your thoughts?
Applicant(s) has verifiable combined i...
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Property has a $70K 1st and worth around $125K and will rent for $1200 or so. PITI $850. Little skinny but if I can get with little to no cash in the deal except for some repairs it may work. Owner passed and the s...
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I sent a lease renewal letter (4 months before the start of the new lease with no rent increase). In a few days I got response from the tenant that she just discovered a serious medical issue, is on the way to the air...
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Hi all!I would like to get some advice regarding landlord/tenant responsibilities. Maybe some of you can shed some light on my situation. Thanks in advance!I am a landlord in Chicago and own an apartment unit in the b...