Lauren Dwyer
Eviction process in IL
I’m looking at investing in a duplex in Palatine, IL. Wondering if IL is in general more of a landlord or tenant friendly state and approximately how long it takes to evict if necessary.
Jessie Dillon
Insights on Managing C-Class Rentals: A Balancing Act
across the 3 properties i own/co-own, we have 15 tenants right now (+2 vacant units). of those 15 tenants, a handful have had to pay late over the last month. i know a lot of investors and property managers who would'...
Ellen Mitchell
Document Checklist - Tenant Screening
Hello!
New to BP and looking for a comprehensive checklist for screening new tenants. I have had a property manager in the past and took over management about 3 years ago. This is the first time screening a new tenan...
Rick Baker
Typical commercial lease
I'm sorry for such a basic question, but I'm not very familiar with standard commercial leases. Ive only dealt in residential rentals. I'm in the process of negotiating a lease on some commercial property for another...
Patrick Connell
Lease Clause - What is Your Favorite Clause? [List]
There are literally hundreds and hundreds of clauses that you can find throughout BiggerPockets that people add to their leases. However, in all my searching, I wasn't able to find one single source that lists all ...
Harold Valencia
Just purchased a house with nightmare tenants
Last week I closed on a two family house that I purchased directly from the owner, she gave me a good deal with the condition that she would stay in the first floor apartment and pay a reduce rent. The issue is with ...
Travis Paez
My Maryland Tenant wants to pay the rest of his rent
Alright BP, here's a question. I have a tenant that I recently placed in a Baltimore area home on a long term lease. Before the first month is up, he told me that due to an inheritance, he would like to pay the rest o...
Tommy B.
Rejection Letters
Is it necessary to send rejection letters to anyone who completes an application or only applicants who have submitted an application fee or background check fee?
Jason Nguyen
Turn other people's property into yout cash flow
Hey guys, so I have recently seen this investor in my hometown is doing this and I felt like this is such a great investing strategy. What he did was:1. Rent a Townhouse/Single Family house for $2200 from a landlord.2...
Heather Rodden
Tenant had lapse in liability insurance
I have a tenant that did not pay for her insurance and cannot until late next week. She is on a month to month lease. I live in Illinois. Just checking what your process would be. I believe I give her a 10 day notice,...