Alex Fenske
April 2023 Housing Market Update
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....
Joyce Williams
Tenant using the corona virus as an excuse not to pay rent
Hello all, just looking for some guidance and/or suggestions. I signed a family into a one year lease in October 2019.. the wife claimed that “money isn’t a problem”. I did a tenant background check and they had no ev...
Thomas Shull
At what point do I lower my mark
I’m an investor in his early stages and am located in Arizona. Over the past three years we have found success on three long term rentals with a 10% cap rate and 75% ARV. The last property we purchased in March as a H...
Joseph Nguyen
Potential Tenant wants to book in advance
Hello!I'm new to the real estate scene and was wondering how to handle potential tenants who want to book months in advance? What's a reasonable timeframe? Do I just ask for 1 month deposit? I currently have a SFH whe...
Adam Batcheller
How do I buy another Property after buying my 1st in March 2019
I purchased my first rental property in March of 2019. I want to buy another one but my lender told me to wait 6 months to a year. Why?
Hassan Omar
For Jan, Feb and March I'm going to buy some houses; here's how..
Hey folks, happy new year.
The other day I was asked to show a friend all the steps required to find and buy a fixer upper house here in the Atlanta market. Not a hard task, but doing it the right way is. That said ...
Chris K.
Prospective tenant wants to move in March 1, how do I handle that.
So I have a decent applicant for my property but she wants to move in on March 1. That's guaranteeing myself another month of having to pay the mortgage so I want be careful with how I handle this. I don't want to te...
Pete Fiannaca
NYS 30-Days-Notice - Question...
Hey BP - Looking for some group wisdom... especially from those well-versed on tenant law.We have a month-to-month tenant who just gave notice, on 2/12, of his intention to leave the home. We collected security and la...
Bob Drew
Security Deposit and handing over the keys
Hi all,I am a newbie landlord that needs some help. A young couple screened successfully and I am interested in moving forward with the process with them. They'll only be able to move in on March 24. My questions:1. S...
Yulia Kaygorodtseva
Prorating first month rent
Hello, landlord gurus! :)How do you prorate rent and what do you collect if your rent starts on March 10 for example? rent for 20 days? or 20 days plus 30 days?what if rent starts on March 20th, would you collect 10 ...