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Hello! My husband and I bought an apartment building last month. Apparently, there was a leak roof in a unit that the previous owner was aware of but we were not. After several days of heavy rains, a tenant (who we ha...
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I closed on May 26th sight unseen (covid viewing limitations) and after inspection of the property I determined that I would need to fix up several parts of the home to make it rentable. Currently, there is no heat or...
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Hey folks.I'm under contract on a 4-plex and one of my contengencies is the review and approval of lease and estoppel agreements for all tenants within three weeks of contract acceptance. My issue is that the seller's...
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I am looking to buy a property and am using an agent that I have worked with before and I am happy with how it went. However a discussion occurred today that I am not sure how to interpret. I asked her if a subject pr...
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Hi my friends:)I have a property leased out to a farmer and in the lease agreement it states verbatim: "Lessee has the first right of refusal to purchase property should leasor decide to sale at the same amount offer...
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I had to relocate to Chicago from ATL for my job and hired a property MGT company to assist with renting out my home in ATL. We found a tenant who owns his own company, wants to pay in advance with 3 month incremen...
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There has been quite a bit of discussion of legality of wholesaling something you dont own. How it requires a "contract" giving you control of the property.
This may be another way to put a property under your contro...
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I have a tenant that has been renting from me for 32 months (was a 2 year lease) without ever contacting me for maintenance the entire time and on time with rent every month. After realizing their lease was expired f...
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Logic and everything I read says that offering the listing agent the full commission (i.e. not using a buying agent) should make your offer more attractive. However, every time I present this to a listing agent here ...
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Hello, on February 12, 2018 I authorized my tenant to call the plumber and do the job in my condo. I was out of state. The tenant complaint about my kitchen sink - water back up. A handy man came first, used 50 ft plu...