BP Community--I'm under contract on a 4-flat property here in Chicago (thanks for all your help @Brie Schmidt !) The rents are under market on all units (which I intend to re-mediate ASAP).Behind this property, there ...
Good morning. After one year of searching and making offers, we finally have a home under agreement. It is a 4 bed, 2 bath single family property at 111 Lakewood Street, Worcester, MA.
Question 1) The house is spaci...
I've had no trouble digging up the local landlord tenant laws as they pertain to monetary issues--how much of a deposit can you charge, how much of a late fee, etc.But what I'm trying to find out is what rules I can p...
The short story to a very long and drawn out neighborly dispute: I need to sub-divide a parcel of land. What is the most cost effective way to do this in Washington State?Background: I have a rental property in the So...
I'm the proud owner of my first 2 family property that I recently closed on this month. It's fully rented with tenants in both units on month-to-month leases. I sent a termination letter to the upstairs tenant as I w...
To date I have been very passive in charging and collecting fees other than the normal late charges, etc.. However after doing some reading and realizing that having some of these fees help curb tenant behaviour, I w...
I wanted to get some thoughts on the following deal I am looking at:
The owner has verbally said he wants $60,000. I have not received any records of expenses yet. The owner is an older gentleman who is sick of the...
A year ago I bought an awesome 3.500 s.f multifamily lot just east of downtown (east lawn).I got a design done for it that fit 7 tiny home units (8 Shipping containers) with plenty of parking. Take a look below.The co...
If a tenant violates my LEASE agreement with them, on any level. Can I EVICT THEM, even if they continue to PAY ME
An interesting article at: https://www.indyweek.com/news/archives/2017/07/12/... - speaks of the problems Section 8 voucher holders are having finding landlords in Durham who will take Section 8. I currently have 7 re...