I'm in the process of purchasing my first rent property (offer just accepted). There is already a prospective tenant and I want to create an lease that would make them pay on time. Has anyone created a lease that offe...
I located a property that has a note for 140K. The note holder, an out of state financial company is eager to sell. The house was condemned by the city. The judge has given until March 28 to begin repairs or the house...
I have lower middle class rentals in Texas (rents around $900 for 3 Bedrooms). I am wondering if anyone has found that it is smart to convert gas stoves in old homes to electric. It seems that electric is easier to...
Have around 10 units self managed and looking to optimize my business systems to be slightly more scalable and automated. Not exactly sure where to look for this and have done some googling and asking around but don't...
The purpose of your real estate photos is to create enough interest in a prospect's mind to cause them to call, tour the house or attend an open house. Bad photos mean that most buyers will, as the kids say these day...
Hi everyone, I was wondering if anyone had an automatic payment system setup with their tenants to receive monthly rent payments automatically. This way you don’t have to physically pick up rent or wait for them to m...
Here are some of my current systemsI have a main website for all the properties I manage. I set up a new website for each property with pictures and info on the property. These sites are referenced in each ad that I p...
Just got a report from the tenant that they have disconnected the gas stove because it turns itself on when they are gone? This is a modern gas range with electirc ignition. Said they have come home twice to a hot hou...
Pretty much described it all in the description above. New to REI. First rental after a very nice rehab in Cook County outside of Chicago. I'm comfortable with screening renters but wondering if anyone out there in...
Starting a vacation rental business is a potentially great way to grow personal wealth, even if you aren’t a homeowner or if you have bad credit. Making the business successful and maintaining good ratings, however, r...