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Tenant gave legal notice to vacate , BUT only paid for two weeks(left on 14th & paid to 14th) paid $700 out of $1400 rent. -- . I intend to take the remaining two weeks out of her damage/security deposit and ref...
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First of all I want to say hello to everyone and I look forward to learning with all of you! Hopefully one day I can teach someone what I know. But anyway, I'm just starting with this real estate thing. I don't have a...
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Hi everyone,We just closed on a triplex - and are of facing those same issues of inherited tenants... i.e. below market rents (by about $400,) questionable histories since we didn't vet them ourselves etc etc... but b...
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Unfortunately one of my tenants defaulted in March'24. She paid rent till February using one of the rent collection platform that I have been using. Last week she recalled the February month rent saying that she didn'...
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Hello Bigger Pockets! I'm in pursuit to becoming a first-time house owner/hacker in the extremely competitive market of Chicago. Upon the property's listing a day ago, I quickly consulted my agent and decided it best ...
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Good Morning Everyone, I wanted to learn what other folks are using for tenant background, credit and criminal checks. Our current process is thru a website called Avail and that has been pretty smooth but the appli...
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This may seem like a stupid question, but I hear @Brandon Turner always talking about Finding a Deal and the money will come. I find potential deals frequently. Problem is, good deals don't last long. By the time I fi...
We have tenants that always take advantage of the 5 day grace period we have in the lease. Today we received a text that they had an unexpected emergency and that they aren't sure they will be able to get the full ren...
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Hi Everyone. We are getting ready to make an offer on our first reo property with the intention of flipping it. We have set up an LLC and would like to make the offer through it. However, all of our funds are in pe...
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Just got word yesterday that the seller accepted my offer on a 4plex! Very excited for my first move into real estate. The 4 units are a 3bed 1bath, a 1and 1, and two 2 and 1’s. I will be moving into the 1 and 1 and r...