My husband and I are closing on our first 3-flat soon - it's in IL, Cook County (a suburb, not Chicago). We will be living in 1 of the units and renting out the other 2. The 2 units have month-to-month tenants who hav...
Hi All,
Our tenants moved into our downstairs unit not even a month ago and just asked if they can bring in two cats. The lease clearly states no pets and we are pretty firm on this rule so we let them know that is n...
In our local area, we have a Facebook group specifically for people looking for rentals and landlords looking to rent. The demand on that group is very high and it appears that at least for that particular page, ...
Hello,I am curious to know what reasons other landlords have to not renew a lease with an existing tenant?I have a tenant who has bounced a check and has been late twice in the 10 months she has rented. The NSF fee a...
I am currently living in a home with my family. Brief history I have a past bankruptcy and some financial credit challenges that need a little time to over come so we are looking to lease option the house we are i...
HI all,I have tenants living with an older mother (in her 60s) that has health conditions.her daughter living with her, let me know today that she went to a doctor, and he said due to her health getting worse she sho...
I just bought a duplex to house hack as my first property and I'm getting ready to rent out the side I won't be in. A friend's family member is a real estate attorney so I reached out for help on a lease. I figured it...
Hello there. I’m looking into my first possible commercial deal. Owner financing is on the table, but they’d like to hear terms. An absolute triple net lease will be signed at closing. The deal looks appealing to me b...
I’m looking for a new tenant and a nice couple applied. One of them is in the army and may be deployed in the next year. If that happens, my understanding is they can legally break the lease and leave. (At least that’...
Hello everyone. I am currently looking over homes that can potentially become my first rental property when I began thinking about placing a tenant in the building. I thought to myself, "Should I have the home first a...