Hello, I am about to purchase my first 2-unit investment property. It was owned by a woman who rented the units to family members and never collected a security deposit, so there is technically not a deposit that will...

Hey y'all! So my parents want to do some home improvements so they can have their house ready to sell in a few years. They're planning on taking out a loan for 15k for total expenses.  I want to know what would be the...

I just went under contract on a multi family property.     The current tenants have been there for years.    The current landlord has let the tenants run the show.    There are numerous lease violations.     I have no...

Best way to determine a deposit for rental property? SOme say a months rent seems high for a $800 a month rent. Or a percentage of the rent. We plan on not allowing pets. Whats your opinion?

Greetings all,
I just closed on a triplex. My first multi-family unit.  The previous owner has never raised the rents once each of the tenants moved in. The rents are low right now but the landlord agreed to suppleme...

Hi everyone, I am about to list my very first investment property for rent. I'm curious as to the proper amount to charge for a security deposit. I was thinking 1 months rent, which is $850. Is that too much? Also, an...

Seems like rent has risen significantly. Properties nearby that used to rent for $1800 a month are now asking $2400. One is asking $2750. I don't know if they are actually getting that but that's what they are a...

Hello all, An applicant has explained that she has no credit (not bad credit), she and her husband started a business 6 months ago so they don't have tax returns.  I'm trying to figure out what to do with this since I...

My wife and I are first in line to acquire a profitable wedding venue in Illinois.  We need creative/quick financing on a $5mm property.  We have an NDA, LOI, and a contract, so no questions about the property please....

My original land lord passed away from cancer at a young age. Her mother took over for her, now she has "lost" all the receipts and lease. She is not going to pay me back my deposit. Because there is no proof I paid i...