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I have a tenant in a basement apartment of a three flat in Cook county suburb. He always resists rent increases, tries to withhold money, tries to push remodels that I refuse now. A few years ago, I did some remodel...
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Recently we purchased a 9 unit apartment building from the bank. The bank had very little documentation pertaining to the old leases for the current tenants. I didn't mind buying the property without the leases becau...
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Hi Everyone,
I’ve recently had an offer accepted on a two-family property in New Jersey with tenants on each floor. The house is much older and in need of some serious repairs. In fact, I’m expecting it to be a full ...
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I have been investing in single family homes exclusively. The thought of a multi-family building quite honestly made me nervous. More tenants, definitely bigger numbers and property managers. It seems my investment...
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Hi All, I had new tenants (students) move-in in September, and 1 week after moving in I had to let the water company in to change the meter. I couldn't believe what I saw! The place was party central!! Beer pong tabl...
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In the effort of continuous improvement, I ask the following...
When tenants are late we post the standard Pay Rent or Quit notice or their door. Sometimes this works and we get paid, other times it just begins the ...
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Looking for input on an eviction we are working through:Coldes on 4-plex in mid-May. No sale/escape clause was in the existing leases so we figured we'd tread water for the 6 months until we could turnover and bring b...
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Hi Everyone,I have a SFR that will be turning over next month so I posted in a few places online. I was contacted by a company that works with insurance companies to find temporary housing for people with homeowner/re...
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Hey everyone! So I am currently under contract on a property in Arvada, CO (just outside of Denver, CO) that I am going to house hack the main level and STR the basement. The layout makes perfect sense for this strate...
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Hey everyone!
I'm looking at adding a second property to my portfolio and came across a townhome in college park md. The house is currently already rented thru July 2017 by four college students. The cash flow potent...