I invest in townhouses and condos that are in HOAs. I also sit on the boards of directors for these HOAs. I talk about this a little bit when I was a guest on the BiggerPockets Podcast (link below, if you're interes...
Hi all,I have a condo in a high rise building in Chicago where the current tenants are moving out. For the prior lease I used an agent. This time I am using Zillow to reduce on agent commissions. I have 1 interested p...
We literally inherited a commercial tenant. He wants to renew with the following terms. his wording...(sic)
"5 and 4 5 years options"
(we'd be more comfortable with 15 years)
"the lease to be...
I'm in my mid 30s and I'm house hacking my way through this. Because I'm single, I've been buying houses, moving into one of the bedrooms and renting out the other rooms. I have 2 applicants interested in renting out ...
Hey all,I'm finally at the point where I'm going to file for my LLC. There will be four members (all close family) involved. I'm in Illinois and the cost to fill out the paperwork myself is $500. My CPA will do it for...
So we all agree obvious PITA applicants are to be avoided. To those more experienced out there, how do you reject them without them claiming discrimination and suing you? I'd like to tell this applicant that "I'm rent...
Long story short, we had been looking to purchase a 3 family unit that is currently only on the books as a two unit. The contract that we received specified that it was a three unit, so seller would need to provide l...
Hi All,I have a future tenant that signed a lease and has given a security deposit already. I just received a call though from one of their references telling me to not let them move in and that they were in his pres...
Here's the situation: I bought a 16-unit complex in Fresno in May. It's in a bad neighborhood and I knew it would take a lot of work so I hired a property management company. Normally I manage my own properties, but I...
Good Evening fellow Big Pocketers, Here's what I have.I currently have 3 properites (Los Angeles, San Diego, and my primary in a small town in North Carolina). I am looking to do something with my LA house and wanted ...