Illinois is enacting a statewide minimum wage of $15 per hour by 2025. Have any experienced landlords had this happen in their state or city and what have been the effect on rents? Drastic increases or gradual incr...
In the past when I purchased properties with existing tenants all they do is to sign a simple estoppel letter basically acknowledging the lease terms, the security deposits, advanced rents etc...My attorney has alread...
What if your son or daughter isn't sure what they want to do? Can you afford to spend $100k+ to educate them .... is it worth saddling them (or you) with so much debt that it will take years to pay back? Has college ...
We FINALLY listed both of our houses for rent and received an insane amount of interest. I have responded to more than 40 e-mails. Due to the interest, we decided to hold an open house for each of the properties. T...
Aside from the usual, human rights and discrimination aside, are there those type or class of applicant that you will not even consider renting to. Excluding the obvious such as criminals, those with pets or children ...
Slightly high maintenance tenant brought cats into one of my SFHs. My property manager told them not allowed. They said they removed them. Months later a German Shepard is reported there by neighbors ( my best propert...
Calling all investors who have had success using Airbnb on their properties!!
What are the best tips that you can provide?
What are the biggest pitfalls and things to avoid?
Do you have any checklist or Airbnb hac...
Hello BP,
This is a hit to my pride to post, but I need advice. I completed my first rehab to rent in July of last year. It is a quadplex and all units were rented until recently. I just had my first eviction and,...
I own a SFH in California which I rented out October 2018. Since day 1, the tenants have been contacting me on a daily/weekly basis requesting repairs.Some of these repairs are warranted (replaced the water heater, fi...
Hello,I've had some issues with excessive costs through my property management company over the years. I'm a passive investor and these properties are in a different state than I reside in so I'm not there in person ...