Sonny Sach
Rental agreement - Tenant must allow to show property
Hello all,Does anyone have language in their rental agreement that the current tenant must allow the landlord to show the property in the last 30 days of the contract? I just had a tenant move out but he would not le...
Sreeni Guntupalli
HOA pushing for a sale
Hi, We bought two investment properties in one a planned neighborhood (main HOA), but under two different sub-HOAs. One in 2019 & another in 2020. It has been a great area with good tenants. And we suddenly receiv...
Rick Michaels
How to tell tenants "Paper Only" in toilet".
I have a 4 plex that has needed the main first floor drain professionally augered/cleaned out twice in the last 12 months. It backs up on the first floor out of the drain and through the bottom of the 1st floor toile...
Joel Florek
Writing a Purchase Agreement with Seller 2nd Position Carry
Looking for some quick help. I have an 8 unit under verbal contract. We are going to have the seller carry a 2nd position loan behind the bank. Seller financing will be for 10% of our purchase price, bank will lend th...
Garen T.
Pre-Agreement with renter: Bypass moratoriums
This is one of those "shower thoughts" that we all sorta get. At least I do. Let's say I'm getting into a new lease agreement with a tenant. This is nothing to do with current, only future. Is there language that coul...
Dan Handford
BEWARE AirBNB / Short Term Rental Warning for Apartment Owners
No More AirBNB / Short-Term Rentals on Apartments with Agency LendersAt almost every conference that I have attended this year, I am seeing so many 3rd party AirBNB/short term rental companies trying to get apartment ...
Jason Conroy
Are CAM allocations adjusted when there is a vacancy?
Say there is a 4 unit property where each unit is the same size. 3 of the 4 units are occupied the entire year and the remaining unit is vacant the entire year. Total CAM charges are $100,000. Is the proper allocation...
Michael Laskowski
RUBS Lease Language and/or Addendums
Was researching RUBS and possible implementation to offset some water and sewer utility bills that are master metered for a triplex I own in CT and was looking for sample lease language. My unit is too small for the c...
Alexander Wardell
Spanish only speaking tenants
Hello everyone,I am hoping to gain some understanding about a topic I never gave a thought about until I came across it firsthand. Its regarding Spanish only speaking tenants. I am currently in the process of purchasi...
Danny Duran
?Chicago’s Residential Landlord & Tenant Ordinance - Subleases (Mun. Code ch. 5-12-120)
BP Chicago Folks—in preparation for my upcoming “landlordom,” I’ve been researching the Chicago Landlord-Tenant Ordinance, “Subleasing” pasted below.The landlord must accept a reasonable subtenant offered by the tenan...