The purpose of this post is to share some of the contents of my contract with everyone else.  Over the years, I have come to realize that standard rental contracts REALLY suck. I've used two of the most popular contra...

I closed on a property at the end of April and the tenants had not paid rent for the month.The property has now changed ownership and the PM shrugged his shoulders and said 'nothing we can do'.It's $1500, so quite a l...

Friends of mine need to get out of their lease in Chicago.  This is a 1900 sq foot duplex down.  It has 2 bedrooms on the main floor with closets and 2 bedrooms in the basement with no closets.The lease states this ab...

I am purchasing a 4 unit apartment building in my hometown in Wyoming. I am using Guild Mortgage, from which I heard of on one of the podcasts, and we have a branch in my town. I was going to purchase this property wi...

Looking for some opinions on how to proceed with some difficult mid term tenants. Warning TMI and or ranting… I appreciate you guys. The setup: We have a second home at a lake which we enjoy when we can. We rent it s...

Has anyone over had tenants pay for 5 months up front? Curious to know how other landlords see that or have handled it in the past.  Had a tenant just sign a lease income and references checked out, she paid the secur...

New to being a landlord. My wife and I just purchased three duplexes in the state of Missouri for investments. All units were occupied when purchased with leases.
Upon taking possession, one renter, who had only been...

Early Termination in Minnesota - What do I Use?

I am having trouble figuring out what to put for the early termination for my lease. I know there should be fees, but can someone point me in the right directio...

I'm a newbie, looking to wholesale. I've been farming thorugh my realtor/MLS in one specific neighborhood, where I'm getting very used to the house style, ARVs, and repair costs. Problem is that 85% of the listings a...