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House hacking in Chicago can be a game-changer—letting you live for free (or close to it) while building wealth through real estate. But once you have tenants, the big question arises: Should you self-manage or hire a...
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For those of you who actively choose to invest in high crime areas, what do you make sure to factor into your numbers? -higher vacancy-higher possibility of turnover -hiring a property management company with skill an...
I'm just interested in hearing some tenant horror stories. What sort of tenants have you had to put up with, that were maybe hostile towards you? How did you deal with them? What sorts of things have you kicked out te...
Hi All,
Am new to the forum and wished for some advice on whether it is worth keeping a problematic tenant.
We recently bought a three flat in the Chicagoland area, our first. The tenants in the second floor and gar...
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RUN!!It has been a while since I have been active on this forum- and the main reason is SECTION EIGHT!Let me explain. I have 17 units of mostly affordable housing for moderate to lower costs renters which I turned ov...
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Hi all - we have an ADU in our single family home and have been including the cost of utilities in the ADU rent. We recently started charging our tenants a $100 flat rate to help cover some of our soaring utility cost...
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How would you handle a type of Tenant that keeps your property nice and clean, treats the Landlord with all deserved respect, but is always behind on Rent?
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So I recently signed a contract for my first property, which I am pretty excited about. It's a multifamily in Trotwood, Ohio. The numbers look really good. I have it under contract for $92k, the combined rent is $1980...
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I'm looking for methods to improve an area / entire street to create a higher end pocket (particularly in C- / D+ areas).
I have a collection of 4 buildings (still negotiating 3) on a D+ street that I believe some r...
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Hello BP community,
I have a father-in-law who owns 2 2 BR LTRs in Orlando and his current property management company is horrendous. They do not collect security deposits, have terrible communication, and do not ...