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Hi all,I'm new at this landlord gig and I have a bit of a dilemma. A tenant asked if they could adopt a pet; when I replied with the information regarding deposit and pet rent, I never heard back until I followed up t...
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Hi Everyone, I was wondering if anyone has experience with using your rental property as a halfway house for companies such as “oxford house”. I was talking with them and they pay fair market rent plus a significant p...
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I just bought a fourplex and we closed around the 20th of last month. I sent an introduction email and notice that online payments are changing. Now rents are due and the tenant said they paid the previous property ma...
I'm renting out a 3 bedroom house with two other individuals. Rent is reasonable with all utilities included. My landlord lives next door in a separate house. He comes over whenever he wants unexpected, has a bunch of...
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After a long span of quiet, drama free tenants in rentals, I discovered last night that a tenant that just moved in lied about having caged reptiles in the house. I'm not too worried about anything caged, but it is ag...
Our tenants just moved out. The first floor is about 580 square feet, and the flooring is bamboo. Bamboo is a fairly soft flooring as far as wood floorings go, so to help prolong them, we do have a no pet policy. O...
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My wife is a about to be a licensed realtor. How does commission work when it is time to buy or sell?
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I'm a real estate broker in Chicago with a large database of active investors that I've been working with for over 20 years. I'm looking to build another stream of revenue. This morning I sent out a blast text to my d...
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I keep seeing posts about "you should be careful" and "you can get in a lot of trouble" for working with homeowners in foreclosure.I hear people say "some states have laws" to protect homeowners in foreclosure, and "E...
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I recently got involved in joint venture that's now starting to smell. The facts are:Partner is a general contractor who was supposed do the rehab, with his efforts and also using subs when needed. He's working off re...