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I am revising my lease and I am curious if I should have my tenants initial every page of my lease. I was given a lease from a friend who requires it, but it seems a bit like overkill. Do you require your tenants to i...
I leased a 4-bed, 2-bath to renters. At the time, the fourth bedroom had no door hung in the door frame. It has a closet, and two means of egress (another door at the back of the room opens to the garage).Now, after a...
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Wondering if anyone has words of wisdom for me regarding lowering my DTI ratio for the sake of future financing. I've always worked under the following givens:-I try to leverage as much/best as possible, therefore hav...
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Hi Guys,Quick question: A condo association manager has been very reluctant in giving me access to the accounting of the association. This plus the fact that the building is in a rather poor state leads me to believe ...
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My nephew goes to school in Iowa. He rented an apartment a month ago. He has just found out that the previous tenant committed suicide in the apartment. Should the landlord have disclosed this? Also, does he have any ...
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Trying to decide what I should do with a property I just purchased. I closed on a two family yesterday that I am intending to house hack. It has shared gas metering and separate electric. There is also only a thermos...
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Has any of the rehabbers here dealt with rafter water damage? Looking at a foreclosed house that has a leaking roof and has been that way for about 2 years, the rafter tails in a few of the leaking spots look rotted,...
I will be closing on the 26th of March on my first investment property- a two family which comes with tenants on a month to month lease. The property needs a lot of cosmetic work and the type of loan I’m getting requ...
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My son and I rent a house in Round Lake Beach, IL. I would like to know where to find the laws relating to what the landlord can legally require. Thank you
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So I'm in a tricky situation here.A tenant left some stuff after moving out, including a gun safe. Former tenant wants the stuff, but is basically trying to store it for free indefinitely. In Hawaii, landlords are leg...