Tony Castronovo
Felony Conviction - would you accept or absolute deal breaker?
Fellow landlords, what would be your position on a tenant applicant that had a felony conviction (burglary) nearly 25 years ago? He has a wife and two young kids. Credit is not stellar (but I've seen worse), but the...
Greg L.
Rooming House Set up as a halfway house
I posted here a few months ago about a rooming house I purchased. I recently completed the repairs needed to get a certificate of occupancy and it's now ready to rent. My place has 6 rooms and a two bedroom apartmen...
George Fredriksen
Renters Arrest for Burglary in Neighborhood.
Hello, I am a new landlord and 2 months into my first tenants lease his 16 year old son was caught and arrested for breaking and entering a neighbors home. He was caught VIA video footage. I did a background check on ...
Mohamed Fakih
Vetting process for tenants: what is must have for good tenants?
I have a couple questions:What systems In place do you have to determine if a tenant will be a good vs bad tenant? What are must haves that you have found in good, reliable tenants?On the contrary, what qualities do y...
Jordan Williamson
New tenant wants to move in her Fiance with eviction history
What do I do? I have a new tenant that presented herself as "just getting out of a serious relationship", single mom. The day after she signed the lease a guy started showing up pretty consistently. Now only two weeks...
Chrystian Tapia
What to do when tenant breaks Cash for Keys agreememt?
Hello BP Community,I'm a first time landlord, I recently purchased a multifamily building in Chicago, Cook County. I made a cash for keys agreement with a tenant. About a week before the vacancy date on our agreement,...
Frank Maratta
Additional rent over and beyond section 8’s “fair market rent”
I just finished a two family rennovation and it came out beautiful (granite counters, SS appliances, back splash, the works), lots of interest from prospective tenants at the rents I have listed ($1850, and $1650- fir...
Shireen Batterson
How do I handle a felon inquiry
I just got an inquiry for a felon - does anyone know the rules?
Kris Haskins
Thank GOD for you, Real Estate Investors
I just want to take this time to say THANK YOU!!! to all real estate investors. You unsung heroes that are:1. GIVING JOBS TO THE UN-EMPLOYABLE people in your community. The good hard working men and woman that hav...
Inam Rehman
FHA Owner Occupied Terms
I am looking to get an FHA loan on 3 unit where i will be living in one of the units. My question is regarding the term "Owner Occupied".
Lets say i keep one unit for myself and pay all bills etc but i live s...