What's everyone's opinion on inheriting tenants? I've heard a lot of strong opinions on "terminate immediately and start fresh." That's usually based around the theory that this way you can screen the tenants, gets r...

Hi,

I have a tenant that was great for the 1st year, no issues, hardly any requests, always paid rent (a few days late usually). However, at the end of the 1 year lease they said they were going to try and find a bi...

Hi everyone,

We are looking at a 4 unit property. It's a great deal, great area, and would be great cash flow, but there has been a smoker in there for 60 years (owner). His unit is very smoke damaged, and 2/3 other...

One of my properties, the best cash flowing SFR, has been vacant for 2 months. I’ve never experienced this huge of a lack of qualified applicants. I’ve started a no animals policy because the dog & human damage fr...

Hi all ,

Would you take someone from Marijuana conviction from 7 years ago as tenant ?

When they say Marijuana conviction means he smoke marijuana or could mean he was selling it?

Is easy to get rid of marijuana sm...

I believe that my tenant is smoking pot in the house. I am renting my townhouse in Aurora, IL. I have a no smoking clause in the lease and because we're in Aurora the city forces the tenant and landlord to sign a Crim...

Hello BP,I'm writing to post an update to this post, and share the details of our first deal.  We were originally looking at a triplex in our local area (linked post), although the seller wasn't willing to budge on th...

After an inspection, I asked for an additional amount off the selling price. Seller claims that the reduction won't clear his costs with the bank and realtor. He wants to take the repairs I noted and have his contract...

Very interesting article. Hopefully a lesson to all the landlords here ...

Criminal Charges Sought Against Landlord for Lack of Smoke Alarms

If allowed, how much do you charge for pets?And smoke inside?Thanks.