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I own a three-unit in Chicago which has strict regulations about accepting security deposits therefore I've recently started doing non-refundable move-in fees as most landlords do here. I have a tenant that was great ...
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Dear Experts,I had a tenant who was two months behind and under the threat of having an eviction on his record agreed to voluntarily move out and pay the owed amount at a specified later date. I drafted a document usi...
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Bottom line: I am looking for ways to bring others, who want to invest with me, into single deals. Will likely be different ‘partners’ for each successive deal and/or have multiple deals going at one time.Background:...
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My thoughts:Damage Protection:Goods: The total cash paid by the guest at the time of the booking is less. Makes your property more accessible (at least on the surface).Bad: Has a cost which is not used most of the tim...
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Had a tenant tell me they broke a door. They apologized, said they would pay, asked me how to proceed. . . I don't recall seeing this type of door at Lowes/home depot, etc. It's far from a modern door. There is a...
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I have a rental home. I have a mortgage, operating/checking account, and savings account all with the same bank. I have the tenant's security deposit segregated in the savings account, while rent, mortgage payment, an...
I run a mix use building with residential on upper floors, retail stores on 2nd and offices on 3rd and 4th. Currently the building is open to the public on weekdays and Locked at night and on weekends. I am planning t...
Just bought a 4-plex a month ago. I gave tenants a brief survey and all indicated they use coin-op laundry. However so far in my visits to property I have only received $1.00 in change from the machines. The former ow...
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Hello, I was wondering how many here track their deal research by spreadsheet. I've been doing it by hand and think it's time to change it up. If you have any suggestions please let me know.Thanks
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I have about 3000SF of open office space that I'm considering leasing out as executive suites. I have an IT services company and a phone system sales and service company in the building, so I can offer a pretty compr...