Very soon I will be closing on a 12 unit multiplex in the chicago land area. my largest acquisition to date. I will have doubled my units to 25 units in a little over 18 months in the real estate game. Which has me no...
My tenant claimed she had put cash in the mail and after 10 days I still haven't received it. I rent to a low income area. In the lease it stated i accept cash and money order. It's not on the lease but I also told t...
Hey all, What measures do you take before renting to tenants? How do you do background checks? How do you do credit checks? Any advice would be appreciated.Also, how do you collect rent? Do you have a check mai...
Looking for HMLs still offering 30 Yr amorts in 3-6 months.Without the refinance, BRRRR isnt BRRRR It's a high interest rental with HML and a flirtation with forbearance with conventional. Or am I wrong? Do I just nee...
Hey guys, trying to find an answer to this. I am selling a rental that currently has a tenant with an active lease in place, they are starting to refuse showings with 24 hours written notice.
Does anyone happen to kn...
We are closing on our first apartment building! (Only 15 units) but it is in a low income area where not all of the tenants have bank accounts. What is the best way to collect rent without driving to the property ever...
Hi there!Long-time reader, first-time poster. I'm curious how you handle situations where a guest wants to modify their reservation and leave early? Do you use specific language in your rental agreement to address sho...
This is my first self-managed property, a 4 plex I closed on this week. One of my inherited tenants is moving out on the 25th, although the lease is to the 31st. That said, he arranged the gas to be switched back into...
I was thinking of writing into my lease that tenants are required to pay rent through an online rent collection website. Can I legally require new tenants to pay rent online and that no checks/cash will be accepted?
Phil is a total salesman of his own mentorship program. He wants you to slave yourself to make money for him and his crews who are barely there for you when you need them. You can only talk to them within the given ti...