Pawan A.
Splitting cost with tenant on addition of blinds in house
Hi,
I am first time landlord. My tenants are asking me to add few blinds to windows and have agreed to split the cost 50:50. My questions are:
1) What kind of addendum do I make them sign to make sure t...
Naveen Desai
Getting work done on a house which was empty for months and I bought!
Hi,
I could not find the right category for my question and therefore landed it under buying/selling.
However, this is a property that I recently bought and now need to ready it up.
It was vacan...
William Murrell
Auction with Lis Pendens, and an "Insurable" but not "Marketable" Title. What to do?
Good evening! There's a house near where I have my current rental that has gone up for auction on Homesearch.com The start price is low, it's already auctioned twice and finished with a hell of a deal but no reserv...
Travis Elliott
A thought on increasing income on a property..
So what do you all think about this idea.
I live in a small college town in Montana. I had a thought on how to increase profit on properties. A lot of people rent rooms instead of the whole house in order to increase...
Tim S
My first investment property questions
I'm getting serious about purchasing my first investment property. I could use some advice/recommendations to help decide between 2 potential properties. Both are REO properties and I estimate both will need an addi...
Kyle Galloway
Tenants not paying or responding. Can’t evict. Time to sell?
As we March forward(or should I say “left?) into insanity me as a small time landlord, 5 doors, is getting absolutely killed. 2/5 of my tenants aren’t paying or even attempting to communicate anymore because they KNOW...
Diane G.
Landlord provides window curtains?
Sorry to be asking a dumb question here, should landlord provide window curtains?I am asking because I am got rid of some old blinds and put in new curtain rods... But now I am thinking who knows what future tenant li...
Rick Martin
The Impact of Vacancy on Single Family and Small Multifamily vs.
I always tell people when you lose a tenant in your single-family rental, you are 100% vacant, and when you lose one tenant in your 100 unit complex, you are 1% vacant. I was reminded of the power of diversification b...
Tiffany J.
Chicagoland and how to find a good tax advisor
Hello! I started looking at open houses in Chicagoland because it is the area that I know. Some people say to start off with an area that you are familiar with.
However, I have also heard that the laws favor the ten...
Joe Kamenar
Profit/Loss Allocation for Multi-Member LLC that Holds Property
Suppose you have an LLC that has as it purpose to own a vacation property, where one member is the main investor and one member is the main user and partial investor? The "user" member will both rent out the property ...