Hello all,
I always preface my posts by letting you all know that I am very novice when it comes to real estate, so please excuse my ignorance.
I own a double home; I live downstairs and my tenant upstairs. It's co...
First off, thank you to this forum. Through advice given to others and lessons learned, y'all have helped me build a fairly solid list of rules/regulations for my future 4-plex. The issue today is I'm worried about sc...
Hi All,I'm coming to the end of year one with my first tenant. It's gone relatively well with no major issues around late payment or problems with the house. In fact, we don't talk much at all accept for the occasio...
Hello BP!I’m in the process of closing on a 2 flat + living space in a C-/D part of Chicago that is on the outskirts of a very up and coming neighborhood.- Was on the market for $120k 3 months ago- Dropped to $100k 1....
As I had to move quickly and give 30 days notice, I paid the October rent and gave notice I was leaving, keeping the utilities in my name. New renters were found in ten days and moved in on October 15th. The landlord ...
I was fortunate not to have an eviction last month. However, I've got one this month and she's definitely in training to be a professional scumbag. This tenant moved in at the beginning of July and obviously only pa...
I’ve posted before about this situation but have some new things happening since then.Tenants signed lease on June 9th and paid security deposit. Lease states move in date as July 1st and 1st month’s rent was due on o...
I understand that there are rules, and I believe the rules were not violated, but, if they were...no explanation was offered.
I am not sure I am interested in contributing anymore time to this site if a thread and/o...
Hi BP,
We need to do some touch up on a rental we bought in 8/2020. Tenants on month to month lease just moved out last week so I want to take this time to do some touch up on some stains on the walls. Yesterday I ...
So we just bought a fourplex in a great location and the rents are drastically under market per unit, literally half price in one of the units! The last owners never raised rents on the current tenants for the last 17...