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tl;dr Soon to be newbie self managing. I'm scared to death of lawfully having to choose a borderline acceptable tenant over a highly qualified one. Made a scorecard to pick most qualified; pick it apart.So as I start ...
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Hi everyone-Another question for all you experienced with multi unit rentals: There is a 5 unit I am interested in located in West Michigan and I'm thinking of placing an offer, BUT the property doesnt have split util...
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Hi, I'm a brand new investor. My business partner and I bought a small but really nice town home in a great school district in Glen Allen VA (Richmond). We posted it on multiple sites and have shown it to 20 people. W...
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Tenant gave legal notice to vacate , BUT only paid for two weeks(left on 14th & paid to 14th) paid $700 out of $1400 rent. -- . I intend to take the remaining two weeks out of her damage/security deposit and ref...
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I recently purchased a property in Cook County that has a section 8 tenant, which is a first for me. The tenant wants to renew the lease. Currently the rent is fully paid by HACC. How do I request for a rent increase ...
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For the multifamily investors out there, is there any value in providing bulk cable services vs. just having the tenants contract directly with the cable company? The property is a 22-unit, C class multifamily comple...
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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...
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Hello All, I am looking for advice and help with a problem tenant. His lease is up April 15th but I received an email the other day asking for a "break on rent" since his ex is suing him for "ungodly amounts of money"...
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Hi Guys. I recently went through my first turnover and used Rentalutions.com for the whole re-renting process. I want to share my review of the service for anyone that might be considering it.Executive Summary: Rental...
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As profiled in an article on CNN Money (http://money.cnn.com/2012/03/30/real_estate/FHA-loans/index.htm), the FHA is actually taking initiative to make it MORE DIFFICULT TO OBTAIN MORTGAGE LOANS. Even folks with perf...