Hi fellow real estate investors,I purchased my first triplex and will have all repairs and rehab complete in 1 of the 3 units tomorrow. The other will follow in the subsequent week.Question is should i get someone in ...
Hello,I am in the process of looking for a property management company in Ohio and was wondering what is the typical monthly fee? I was under the impression that the average rate charged is 10% of monthly fee. Does t...
I am renting out my unfurnished 2BR / 2 BA townhouse for $2k/month. Security deposit is $3,500 + first and last month's rent are the move-in costs, bringing it to $7,500. Right now I got 2 prospective tenants, both wo...
A tenant was $100 short on the rent and paid me yesterday, the 6th, with the $25 late fee.
I'm thinking, one day, you couldn't borrow $100 for one day from someone to avoid paying an extra $25?
Let's see, $25 inter...
Hello,I had a tenant last winter and the heat in his unit was supplemented by the unit above him.It gets really cold down there in winter but he chose not to have free heat and sealed the vents tightly with an aluminu...
Today I went to my vacation rental to finish up laundry for a turn. When I went to the faucet to turn on the water, there was no water. I went back to the recently-started washing machine. Also, no water. Immediat...
Good evening BP community, I’m checking in to get a few thoughts related to utilities being paid by the tenant. What’s the standard in Chicago for what utilities tenants are responsible for these days? I have a multi-...
I am looking for a contract where I offer to catch up and take over payments with the idea of renting out or fixing the propertyany Ideas?
Can anyone tell me if there is a time limit on how long you can wait to take legal action against a tenant who has broken a lease and left owing back rent? At the time, the tenant had driven the property into foreclos...
I have an applicant who has just ok credit (average) but had a few late payments on last lease due to something or other. He told me a story, but I generally don't invest in "stories". However, he said to make up for ...