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do you go month to month same price?month to month at higher price?only allow to re-sign lease or move out?the one disadvantage of month to month is if the tenant decides to move out in the winter slow months.
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Hello BPIf I extend the lease and increase the rent, should I adjust the last month's rent to the new rate?
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I've had a couple of inquiries about Section 8 on recent rentals I've had available. Have never had a section 8 tenant, but have stated that I will accept if income criteria (3x rent) and other criteria (rental histo...
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Folks...
So what do you do when they request highest and best to stay in the game on a house?
What are your strategies?
You increase a little (couple grand or 5k or 1k or substantial increase)
Or you don't incre...
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Hi everyone, here is the housing market update I publish for clients each months. As always, there are some interesting surprises! This is data for the Chicagoland metro area sourced from Midwest Real Estate Data LLC....
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Should I allow pets in a rental? Does this limit my rental pool? What are your thoughts?Being in the property management business I receive many questions regarding pets. It's about a 50/50 mix. 50 percent would l...
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Hello There,
I have two units that have tenants I inherited that are significantly under market. They are approximately $3-400 under market. Come this spring I would like to get them to move, renovate and re-...
Can a Buyer have more than one active submitted offers on more than one property at the same time?
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So this confused me a bit... I saw a listing for a 15-unit apartment building that is for sale and the property has a 5.3 cap rate, this isn't the issue.
The issue is in the listing description the agent said the bui...
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Just curious how many of you offer up your property to section 8 tenants? If so, what has your experience been with tenants? Has getting paid been an issue? Does the process of allowing Section 8 tenants require a...