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I have a tenant who has been an issue from the 2nd week he moved in. Many of the problems cannot be resolved due to my lease. I'm a new landlord and have learned a lot for the next time! However, in the meantime, m...
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I had a tenant text me this morning telling me that they moved out of the property last month. There was no prior communication of the tenant vacating. The lease was a 5 year lease and each year was guaranteed unles...
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I have seen this requirement on some property mgmt. websites. My insurance agent recommends that I require it.I always have recommended it to new tenants, but none ever have bought it, to my knowledge.What are your t...
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Hi BPs. I am renting a sfd after a long hiatus. I have received a great deal of interest and so how do you handle processing multiple applications? (I'm using BP rental app). If you receive several apps, do you run ...
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My first property lease ends Dec 31 and will change to a month to month lease. I am increasing rent and changing lease terms. I recently went in the home for some repairs to find lots of damage and filthy living condi...
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1) Can anybody please share with me if you for long term rental properties normally charge a security deposit equivalent to 1 month's rent + the first month rent + last month rent?
2) And if the tenant wants to renew...
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My first SFH BRRRR project in Chicago west burbs is finally wrapping up. I'm working with an attorney who provided boiler plate "Illinois Residential Lease Agreement" and "Mainstreet Board of Realtors Residential Lea...
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Hi Everyone,I've been lurking here for several months, reading posts, watching videos, and trying to learn as much as I can about REI. My elderly mother has seen her health begin to flag, and I am at a loss as to wha...
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Hi everyone,We just closed on a triplex - and are of facing those same issues of inherited tenants... i.e. below market rents (by about $400,) questionable histories since we didn't vet them ourselves etc etc... but b...