Chris K.
Loan pay down calculated into coc Roi
Hi everyone,Why is the loan pay down not calculated into coc roi? Meaning, if I have tenants (short term or long term) where the cash flow covers my mortgage payment?I will use basic example to help clarify.Down payme...
Peter Grote
Fire Extinguishers
I am a new landlord and my tenants asked if the home had a fire extinguisher, which it does not. I've read that providing one could be a liability if it didn't work. Not having one in the home also seems to be a liabi...
Account Closed
Due Diligence Checklist
Anyone have one they can share for evaluating multifamilies, apartments, etc.? Thanks!
Jocelyn Bernstein
Does being issued a Treasurer's deed wipe out all other liens?
I understand buying a property via tax sale or OTC tax deeds wipe out majority of liens if there are any against property. If not, is there ever an expiration date regarding liens? Do lien holders discontinue their li...
Arnie Guida
Adding Additional Tenants
I know I should know this, but I don't.
My tenant's boyfriend and niece moved in without my knowledge. Nothing new to many of you, but new to me. The boyfriend's been there 2 months, the niece one.
I to...
Mike F.
What counts as qualifying Repair and Renovation to end tenancy?
According to SB608 A landlord can terminate a tenancy to make renovations where the unit will be unfit for occupancy during the rehab. Has anyone used this to bring rents to market rate, and get around the rent contro...
Allende Hernandez
Tenant/Buyer qualification hit list
Hi there folks,I am opening a house that I just rehabbed and have in the market for Lease Option as well. I am in the search of a punch list to qualify my potential tenant buyers and make sure I don't get in trouble a...
William O'Sullivan
Maintenance Forecast / Capital Expenditures
Curious if anybody has (or can point in the direction of) a sheet that is used to predict things like major repairs, times these repairs would need to be performed, cost estimates, and the like. Essentially, it would ...
Ken Latchers
Inquiries ... a giant waste of time
I have gotten maybe 12 inquiries rather than instant bookings from Airbnb the last 9 months and yesterday vrbo.com. responded professionally, and not a single one ever led to a traceable booking. Respond professionall...
Raji Kaur
Squatter Tenant Finally Vacates Property - Question
I have a tenant in Chicago, who's lease expired months ago but she wouldn't move out and didn't pay rent, so I started the eviction process. I just learned that she did move out a couple of weeks ago but is not answer...