Isla Arshad
Property is Carpeted - Is not Allowing Pets Still Possible?
Hi friends,I have a vacant, well-maintained carpeted property that I am marketing.Since 70% of tenants are pet owners, I feel that I am missing out on a large market.However, I also don't want the hassle to completely...
Mike Nelson
Landlord's 30 Day Notice- Filling out, Norarizing
Here in Chicago, Illinois I need to serve my tenant a 30-day notice. It is important that it be completed correctly, otherwise its validity could be questioned by an attorney or judge. I plan on delivering the notice...
David Horowitz
Tenant threatening legal action over adjoining unit renovations
I am currently renovating two out of four vacant units on my property, and one of the tenants in the occupied units (not being renovated) has sent over a formal complaint regarding the noise that it produced, stating ...
Dave Blackman
Foreign Entity Required in IN if flipping?
Anyone with experience flipping in the state of Indiana know whether it is required to file your LLC as a foreign entity there in order to purchase property, rehab, then sell it? I spell it out since flip can mean ma...
Ayne C.
BRRRR with tenants in place
Considering my first multi for BRRRR strategy. What if i buy it with tenants in place? How do I get them out to rehab and add value?In the case of month to month, can I just raise the rent until they leave? Proceed...
Gabriel Garcia
Commercial real estate in south tx.
An opportunity has presented itself to own commercial real estate in south tx. Property apparently appraised at 1.1mil. Partner still owes 550k left. He would like for me to buy in at 400k approx 40% and then pay 40%...
William Rich
Drug use Lease violation
I've spoken to my tenants several times about the use of smoking and Vape products and marijuana products. They're breaking contract and do not seem to care whatsoever to change their ways. It is gotten to the point w...
Davy Crockett
Commercial tenant default -> opportunity to strengthen lease?
I am the landlord of a commercial gastro space in NY State. The tenant has been regularly past due in his rental payments over the last several years but does pay the rent after an average of one month delay. That del...
Taylor Stamm
Pooling Money from Roth IRA & 401k for First Home
Hello BP, I will be finishing graduate school in about a year and am starting to look at buying my first home. I plan on house hacking a small multifamily home. I have a good chunk of money saved up, and want to know ...
Christopher V.
Do you use any additional addendums to your residential lease?
I was able to secure a residential lease from another helpful BP member that I'm comfortable with, however, I've been doing more research and it seems like some of you use additional addendums to set tenant maintenanc...