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I'll get right to it...Guy moves in to my rental. All is fine . Three months later I've discovered he has moved three roommates into the place. I have no idea who these people are, where they work, credit, backgrou...
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My current tenant has asked to search for a roommate. I have no problem with this, but I am curious how to handle the addition of another tenant. Should I have them do the same application process and ensure all quali...
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Hello all. Currently, I only have rental income from renting individual rooms to roommates.Does the statewide rent control apply to the two room renters in my manufactured home?
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I just wanted to get on here and bounce some ideas off of those who have any experience with the rent-by-room House Hacking method. What are some successes or failures you have had using this strategy? How can I feel ...
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Hello BP!
My fiancée and I just closed on a 2 bed/ 1.5 bath condo on the north side of Chicago, right next to Loyola University, and it is currently in process of being rehabbed. It should be fully renovated in a co...
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I have 3 tenants in a unit. It is a high rent producing unit. One of the tenants emailed me to see if I could 'work with her' because she found a house she wants to buy. The lease isn't up until the end of June. I hav...
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So I have a building that has about 4 evictions going on right now so I can't afford another eviction. This building is in the greater Chicagoland area. I just renovated a unit and two people move-in. One of the tenan...
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Hello. I have been a landlord for a few years now and am running into an issue I have not come across before. I did the appropriate screening (background check, credit check, confirming with employer that they work th...
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Hi, A financially qualified tenant is quite interested in my rental. He admits he’s in transition. But he wants “company” and said he will get a roommate. So I asked him if the roommate will pay rent and he said “To m...
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I have a client who wants to rent her home out by the room. I usually get my leases from here at BP but they don't address "common areas" ect so I feel like she needs something a little more specific. Does anyone have...