So my real estate partnership LLC (a couple friends and I) are under contract to purchase a 2-flat/duplex in Chicago. The inspection uncovered termites, basement floor joists needing replacement due to the termite inv...
Looking for some guidance on how to navigate the pet fee world. I'll be using petscreening.com and am trying to figure out if I should be doing a nonrefundable pet fee at move in PLUS the monthly pet rent or should I ...
Hi guys,I did an eviction today on one of my properties and the judge ordered the tenant to leave my property by April 3rd. The tenant owes me 5K in rent.Should I send this to a collection?I am a Christian, the Bible ...
Hello just looking for some advice here. This is a long post. Thank you for reading In advance. I’m in a tough situation and don’t know how to feel about it. After a 4yr journey of leaving a big city, selling my belo...
What would you do in this situation? I have a tenant who quietly moved out and moved across country and got a bad credit tenant to sublet in direct violation of his lease agreement. Now I have a guy living in the hou...
The rental property has a huge back yard and the tenant has asked to install a storage shed.
I'm considering adding a Lease amendment with the following conditions.
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Tenant is allowed to install a s...
Hello,This is my first post. Let me cover the basics:Who: Aaron (myself)What: Rehabbed PropertyWhen: Over the past year (Summer 2020 - Present)Where: I live in MD, the property is in SE DC.Why: That is what this ...
Hey BP folks,Hope everyone is doing well considering this whole COVID-19 issue the World is currently experiencing. Stay safe and keep up the good hygiene! Even though this virus is going around, I am still focusing ...
I have a SFR that my tenant will be paying to heat (oil) and I'd like to update my Lease to reflect. Wondering how others handle this, do you fill the tank before they move in and require it to be full when they move ...
I own some rentals in Indianapolis and recently found out that my PM is charging 15% extra on my electric bills. Is that even legal?