BP,I have a tenant that moved into a property Jan 2021. I did not raise the rent at the one year mark. The rent is $900.00 a month for a 3bed house. Rents have gone up drastically and after doing a market analysis the...
Hi Chicago folks. Could you shed light on the following scenario:
- Tenant on a year-long lease that ended August.
- Tenant continued to pay rent September and November.
- No new lease was signed.Two questions (on...
Good afternoon! I feel like I use this forum like an advice prostitute except the advice is free! (KIDDING) Thank you in advance. You have all been super helpful since I started this journey and I need to get better a...
Hey there, I am getting a property under contract, but the seller who is going through a divorce and has 2 high school daughters is stating that she wants to stay in the property till after the holidays. Not sure wha...
Hello, I'm currently pursuing a refinance and also have a balance with the IRS for 2019 tax, being paid under an installment agreement. The lender has requested a payoff statement from the IRS. I contacted the lien ...
Hello everyone, I have my friend, also realtor, emailing all the expired MLS listings in our area.
My question is what type of mailing campaign works, this being my first run at serious marketing, I was thinking of...
We are currently working a deal to purchase a home. It has current tenants, which we are not concerned with, but it also provided them an option to buy until 12/31/2020.
This additional clause was added to the lease...
I have a good lead on a building with 16 units, Section 8 housing. Small, rural town near my hometown. We already own a 24 unit, non-section 8 and have turned around the tenant base from not-so-desirable tenants to ...
Hello BP,An owner of multiple units reached out to me and was interested in my property management company. One of his questions was the transition of the properties from his current PMC to mine. From everyone’s exper...
Hey BP,So I wanted to gauge everyone’s to-do list as to what you guys do right after finding out that you might have a potential property as an investment.I believe I have one and here are are what I think I need to v...