My brothers and I will be putting our parents' home on the market. The house itself is marketable and has had some solid updates in recent years. However, we've been pulling things out of closets, organizing and so...
Is it permissible to deduct loss of rent from a security deposit due to a unit not being available to rent again pending repairs due damage that was chargeable to the tenant if I could not reasonably complete those re...
Hi BP quick question: Currently under contract on a property and received the inspection report. A few concerns popped and I'm wondering based on those findings how common is it to ask for a reduced price and/or to fi...
My son and daughter moved into an apartment the lights weren't turned on yet. They went to pay the deposit on the lights, they told them 72 hours. The apartment was not inspected yet . Three weeks later still no in...
He everyone, I currently did a walk-through of my properties I own in the midwest. For the most part, I know what to look for. For example, I have a rental with two military tenants. They're amazing. The house was in ...
New to investing in real estate and question that popped up in my mind was "Do we need to have a business card in today's age?" I thought it would be a good little discussion for BP and an opportunity to learn.So, wha...
Investment Info:
Single-family residence buy & hold investment in Oak Ridge.
Purchase price: $100,000
Cash invested: $65,000
Purchased from an out of state wholesaler. There was plenty of meat on...
Hi all, Thank you for any valuable advices. Hope anyone can help me out
On Oct, I started to rent my house out. The one I rent for is under a company name, He is self-employed, construction company actually. About mo...
How would you word a letter to a tenant who is using a screened room as a storage room?Experiencing tenant with clutter in lanai stacked floor to ceiling seen from the street.Since I have many tenants, I feel like I s...
When I was a property adjuster on the south side of Chicago over half of the propertites I dealt with were landlord owned. There's one particular scenario I saw a lot and wanted to give folks a heads up on what it is...