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I'm working on purchasing a piece of land (with an old house) that I would use for some new construction. When looking at a land map of the property (and also looking at an old survey the owner had), it appears th...
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Hi All -- I lived in my single family home (which I have an FHA loan) for two years before I started renting it out to tenants. I've now owned the home for three years, and have had almost a year of rental income. I l...
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I self manage a single family home as a rental in St. Paul, Minnesota. Three women signed the lease together last summer and have been good tenants since then for the most part. About a week before January 1st, one ...
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So this may sound like a basic questions, but why is rent due on the first of the month? What about people who want to move during the middle of the month? Other bills in life are billed monthly, but the due date is b...
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Well, I'm in a bit of a jam. I have a 10 unit building in Ohio that I need to make a decision on. I just had one unit busted for dealing drugs, so they were evicted. I've also had 4 other units sent eviction notices f...
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After a basic email to sellers asking "will they consider a lease purchase" to see if they are even remotely interested in this type deal, some say they may be interested but first want to know my background, credit r...
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I have a property in a tough area under contract, and my attorney has told me that occasionally liens on the property may not show up for 3-6 months after the close of the property, which would leave me (or my llc) re...
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I am wondering in what order do you screen your tenants?My general thoughts are this: 1.) Get my ads out on CL, doorstep, etc.. 2.) Organize and Host an open house. 3.) Collect applications from those who attend the o...
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My tenant in Chicago send a claim from a lawyer, stating I owe 27 thousand dollars in damages for not returning the complete security deposit. The security deposit was 10 thousand dollars, she did not pay the last mo...
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On Long Island, especially in my town Massapequa/Plainedge, taxes for a single family home are high... like 15k-25k high. Now I have read that homes of similar sqft and condition in other states have lower taxes. 5K o...