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So I'm convinced that MTM leases are superior for the landlord, but how do you go about advertising these? People still seem to be most comfortable with 1-year leases. Would you say, "Month to Month with possibility o...
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Hi BP! I'm attempting to solve a challenge. Currently we have 20 units, all needing mowing/lawncare.Currently I have about 6 companies handling this because the units are spread throughout the Chicago suburbs. Althoug...
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Hello, I have a problem tenant and the latest is I have a failure to pay rent judgement against them. Today is the day I can file for eviction. Last night I get a text from the tenant saying I can come pick up the r...
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I have a tenant that will start a lease on May 1. The house was already in livable condition but I have improved it by installing a new toilet, painting every room, tearing the kitchen down to the studs and installing...
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Hey everyone, I'm new to this home ownership deal and am currently doing some rehab to my basement. I have had to stop all repairs being done to my house because the contractor sent me a bill of an additional $38K on ...
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I only posting this for general thoughts and hope there is something I haven't thought of. I am not asking for legal advice just opinions if you were me. Any feedback would be appreciated. Ok here's my little situatio...
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To summarize a long story: Daughter & her fam moved back home (with wife & I) in 2019 after son-in-law laid off. Covid hit in 2020 & he got back to work in late-mid 2020. My wife talked about selling or re...
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I inherited lousy tenants in a property (year lease) who are threatening to sue me for a slip down the stairs. She didn't seem injured but yadayada had to go to the doctors and did xrays yadayada. Now they're saying s...
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I own several rental properties all single family homes and considering another. However, I want to expand my real estate experience by trying a flip. My strategy is to purchase a foreclosure at our County Court Hou...
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Hi all
Was curious for the independent landlords (those acting as their own property manager) what's your preferred method for collecting rent and keeping costs down at the same time. I previously used an electronic ...