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So my husband inherited a multifamily home in illinois when his dad died. We moved in to the first floor. And now have also inherited tenants in the upstairs apartment. These tenants didn't have a signed lease. They a...
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This is hopefully not as complicated as it might sound, but was wondering if any of the great minds on this forum have thoughts on best strategy for current situation.My husband's parents are fortunate enough to own t...
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I thought it would be nice to have a collecting point for day to day money/time savers for rentals. Some things I do or have seen on the forum so far:
Remove storm doors.
Advertise rentals on craigslist
Remove or lo...
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Does anyone have a form they could provide that instructs the tenants on proper move out procedures? ie- clean refridgerator/thaw out freezer and unplug fridge, etc
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Got a contract accepted by a bank yesterday. they want a fast closing and i originally was under the impression that they wouldnt require earnest money. (they wanna close may 26.) anyway, went to the realtor today and...
Hello! I’m hoping anyone with current experience can give me an idea on how the current market is dictating the due diligence fee around the RTP area including suburbs, for single family homes? What percentage of the ...
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In the process of buying a duplex, but the current owner has the rent set pretty low. Can I raise the rent on the existing tenants once I own the property, or do I have to wait till they renew their lease agreement?
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Hey guys, I am in the educational/planning phase of my real estate investing career. I plan on starting out with a house hack using a low down payment to buy a duplex and rent out the other side. I would love to incor...
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PROBLEM: Owner wants to sell to an investor, but needs to move out nearly 9 months from now. I need to come up with a good strategy for tying up this property while managing holding costs & risk (both the risk tha...
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Is there anybody here who allows tenants with bad credit, but charges extra rent/deposit? The standard advice is simply to not rent to tenants with bad credit. But can you make extra money by taking on the extra risk,...