John Hickey
Hard money horror stories. Let’s hear them
I’ve posted some of this stuff before but I figured it might help if I shared a few of my blunders here that could have been avoided. Hopefully some sharp investors read this and offer me and others advice on how to n...
Brandon G.
The Big Short: What they left out
I just finished watching The Big Short, a movie about the real estate bubble. I enjoyed the information in the movie but I was very let down by the fact that they never acknowledged the fact that subprime mortgages w...
Orita Issartel
Tenant buys refrigerator without consulting me wants me to pay
A tenant who has just moved into a property I was using once a week for 2-3 days at a time had told me last week that they had a problem with the fridge. The wife told me she had cleaned under and it looked like it wa...
Account Closed
Beginning your investing in a lower income city and moving?
Prices in my city (Colorado Springs, CO) are extremely high. Here is what the average rent looks like according to apartmentguide.com:1 bedroom: $12332 bedrooms: $14413 bedrooms: $1847That being said I can't find even...
Derek Smith
Tenant canceling lease before even moving in.
Hello,What would you do in this situation?I listed a property for rent found a tenant with excellent credit and income, signed a lease and got 1st month rent with security deposit yesterday.They were due to move in Au...
Lloyd Segal
Economic Update (November 16-21, 2020)
Economic Update(Monday, November 16, 2020)
Last week, the stock market roared higher on the news that a highly effective Covid-19 vaccine appeared to be just on the horizon. That was great news, but there’s still ...
Peter Morgan
Tenants not motivated to get vaccinated !
Hello,Covid vaccination is now currently available in my area for free and I myself wavered quite a bit before registering to get vaccinated. I initially wanted to play wait and watch but upon watching few YouTube vid...
Robert D.
eviction cook county IL
This process applies to eviction in Cook County IL. Other jurisdiction might have different process.
This thread is to encourage landlords to file for eviction and put their deadbeat tenants name in the system so th...
Johann Jells
What would you do with these rental applicants?
Got a trio of educated young people (25-30) applying for a large $1750 2 bedroom in a gentrifying area, just the kind of tenants I want to push the neighborhood, rather than the typical working class family of 6 that ...
Chris Dougherty
Move-out damage negotiations
After seven years of living here, I'm relocating. In the next few weeks, the landlord will hit me with what she feels is an appropriate amount for damage.
Assuming she tries to exceed my $1,950 deposit, here is my pl...