Hi I live in Illinois and the governor has shut down public schools, bars and restaurants state wide for the next two weeks. There’s uncertainty if that shut down will be extended if the virus spreads. I have tenants ...

What do you think of these terms?

Purchase price of 105k
2500 option payment paid over 3 months
1000 month for the first 3 months and then 1200/month for the rest of the year.
1 year lease term

Do any of you go wit...

Hi everyone,  I want to give everyone an idea of who I am, and what I have going on, and I would love to get some advice on what you would do if you were in my shoes.  My Credit Score is 689 and rising, went through a...

Hi everyone,

This is my first post here, but I have enjoyed and learned from others' posts and appreciate your information and insights. I am posting with a question: in your opinion, is this a good or a bad time t...

eviction* (caught the typo in the heading after posting)My wife and I inherited tenants with the property we bought last July outside of Philadelphia (Upper Darby).  One tenant has had continuous issues paying rent an...

Hello all, I am not sure if this is the right place for this question, but I did not see another appropriate forum. Maybe a forum should be added for specific accounting/bookkeeping issues. I pay my bills with my cr...

Family comprised of 5 people ( mom dad daughter grandparents ) daughter getting married in 2014 but staying with parents. Soon to be husband Army. Mom n Dad have twin sons Marine Corp. mom n dad want to bring fam clo...

I've had a tenant for nearly a year now and I love her.  She keeps my place like a show home.  My rent is high for the area ($1400).  She is late with rent sometimes and I'm worried that she might move because it's to...

I typically charge the equivalent of one month's rent for security deposit.  For those of you who allow pets in your rentals, do you charge a pet deposit?  If so, how much?

I am looking for some analysis of my first deal. Thank you!!!!

2 structure property. Student housing.
9 total rooms.
Rooms 600 a month each. 5,400 a month.
Taxes 12,000
Insurance 2.400
Turn key condition. I'm a co...