Paul Sandhu
Pricing STRs for people with a set budget?
I've got about a dozen 2-bedroom STRs. My only competition is motels. A motel room with 2 beds is $400 a week (no pool, gym or free breakfast). My tenants all have a per diem, and $200-$250 a week is their budget f...
Jie Li
Does anyone have experience working with GC Realty in Chicago?
Hi,I'm looking for good PM for my rental properties (single families and small multi units) in Chicago south and south suburbs. Currently I'm using Elite Invest and Renters Warehouse. Elite is bad, and Renters Warehou...
Connie Murphy
Tenant damage to appliances and pool deck
this is my first rental (my personal home that I'm renting) so the house is much nicer than what a typical rental would be. That said, I am getting a premium on my rent ($1.90/sqft). Anyway, found out my tenants had...
Autumn Brooke
Utilities with three separate tenants and one electrical panel/meter
I have a three bedroom, single family home. I am currently renting one bedroom to a tenant. I am moving out of the house in June and intend to rent the other two bedrooms to two additional tenants, unrelated to the fi...
Nicole Bryan
Mortgage Broker Fee in Maryland - What's Legal?
Hi everyone!I have an agreement with a broker in Maryland to pay them 2% for a deal that I just closed. I however learned later that he had charged the lender 1.5%. I read somewhere that mortgage brokers cannot legall...
Luke Carl
Thoughts on placing this tenant
Great job 809 credit score. 12 hits on criminal record the worst being battery with intent to cause physical harm (3 counts total) and Burglary of a Dwelling. Both of these were in the 90s.
There was another battery ...
Bryan Plumb
Best way to pull equity out for first investment property
Our situation:End goal is to have a single family home in Maui in a few years...We have roughly 257k equity (conservative estimate) in our single family home after about 7 months of ownership (thanks to locking in our...
Victor Lebegue
Minneapolis, St. Paul, MN Utilities
Hello everyone,I looked at a 2700 sq. ft. property today and I need some advice on utilities. I'm trying to break down expenses to get an idea of cash flow every month. Currently the building is vacant. It has 8 units...
Sam Abe
Charge for trash removal
My tenant who rented a single family home left multiple cardboard boxes and additional stuff outside the house besides the trash bins. Can I charge for the removal of those with whatever I have to pay for labor as ...
Joseph Gisler
Utilities included or not included in rent?
I am getting close to buying my first investment property which will most likely be a single-family in which I will live in one room and rent out the others. Has anyone had experience with bumping up the rent by lets ...