First situation: Apartment was advertised at $1400 for a 2 bed/1 bath house. Prospective tenants had 2 pets and we agreed to increase rent to $1430 (15/pet). Lease was written up with the 2 pets allowed and the rent s...

Hi everyone.Its been quite a while since I last posted. I've been working on a few larger deals this past year along with my relocation to the Chicago area, so I've been super busy. But now I finally closed on my last...

In the past when I purchased properties with existing tenants all they do is to sign a simple estoppel letter basically acknowledging the lease terms, the security deposits, advanced rents etc...My attorney has alread...

We are closing on our first two rental properties next week.  They are turn key ready to rent properties.  We have a few potential renters already.  One is a young couple with a dog.  I have dogs myself and know that ...

If you've had a similar experience or are a lawyer I'd love to hear your thoughts. One of my properties in Indianapolis has a squatter, who basically broke into the house when it was vacant. He changed the locks and h...

Slightly high maintenance tenant brought cats into one of my SFHs. My property manager told them not allowed. They said they removed them. Months later a German Shepard is reported there by neighbors ( my best propert...

I'm in los angeles california and i found out today one of my military tenant has 2 guns with him.... this is very scary for me... i still have 2 rooms to rent.. for the new people coming in can i put a clause in ther...

I'm only a couple weeks into researching real estate. Well, I actually own a home and rent it, but that is besides the point. I'm just trying recover an unwise past investment. Hopefully my current refinancing goes th...

TENANTS FROM HELL #1Deplorable living conditions.Running one of the largest rental portfolios in the Cleveland, Ohio area I have managed 1,000's of properties & dealt with countless tenants. In short, I have seen ...

Do you think it will be a Recession 2020?