Hello,  I"m a new landlord--though I have been a business owner (and employer) for many years, so I "get" a lot of things that you all deal with as landlords.    And I really appreciate this site!!  Does anyone have l...

Hello there. I have an interesting question regarding a 4-plex we own that is on septic. We had it pumped yesterday and in addition to being full, the plumber had to auger the line due to back up. Of course it was gre...

OK so im gonna lay out the facts:Found a woman who wants me to take her property in a short pay off. Not short sale. My understanding is that the noteholder agrees to a settlement amount and the deed is hers free and ...

Hi all,     I think I already know the answer but I need help convincing my other board members. My neighbors are about $6000 behind on their monthly payments of about $400. The frustrating thing is they do not live i...

Hello,We closed on a house yesterday, a rent stabilized (or so we thought) 3 family. One of the units was currently rented for $3300, with an accompanying lease and last month's rent deposit collected at close. Howeve...

,About to rent out my first house to a couple with 5 y.o. who wants to have a small pool in front yard. Rather than ask her to buy tenant insur, I was thinking to put a clause in the lease, stateing I have no responsa...

So my renter's house has just been vandalized.  I guess someone broke a window and we're in Illinois and it's still winter.  What's my liability for that? Should I replace the window through my insurance or is it on t...

My best friend is facing some serious assaults on his wallet from his wretched, bilious harridan of an ex-wife.  It's some straight-up villainous stuff, no two ways about it.  Anyway, he's got this place up in Arkansa...

Hello family I bought my first property under my name, should I switch it over to an LLC or keep it in my name along with future purchases? I've heard that doing this could cause problems with your mortgage and insura...

Hi,Does anyone have any good property management referrals?  I am ideally looking for a medium sized company that is experienced in multi-family (30+ units), reasonably priced and knows the Cicero area well.Thanks in ...