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Hello BP,I recently had a lease come to an end on 12/31/19. The lease states that a 30 day written notice of termination must be provided or the lease goes month to month. I received a call from the tenant on 12/12/...
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I bought a 2-flat less than a year ago in Chicago and now need to move away for a job. Weather conditions this past winter caused a few pipe bursts, flooding the basement, so I'm understandably nervous to leave the pr...
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I want to get my tenants out of my property so i can do some renovations to force the value up and sell the property, but the tenants cannot be evicted. Is cash for keys a good strategy to do so?
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I live in Chicago, and I'm closing on a 4 unit property in a couple weeks. We plan to make one of the units in the building our primary residence. The mortgage laws, as I understand them, require us to move into the...
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The more I look into turnkey, knowing a lot of research needs to be done upfront. Cashflow is a priority of mine to gain capital to then put that into other investment strategies.
Is turnkey a good investment strateg...
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I have been searching the internet and this site to no avail so I am reaching out hoping that other folks on here may have some insights!My partner and I are going to be purchasing our first multi-family house-hack in...
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Just got a call from my tenant that gave their 30 days notice .She wants to meet me tomorrow at noon for her final walk thru . Now she says she wont give me the keys until I give her security deposit in full ., then a...
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I have a tenant who is moving out after having been busted with a large amount of drugs (approx $10,000) in the unit. I had started eviction proceedings against him but it seems he has moved out in advance of that ta...
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My partner and I have these two particular Illinois properties that we acquired via tax deed. We hired realtors to sell these properties for us only for the realtors to discover that the houses are occupied. Now, we k...
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I will preface by saying that we have tenants who are annoying as all get out. They ask us to step in for everything from a lightbulb to grass seed to whatever. They also bother our HVAC guy to do general handyman tas...