David Tate
Insurance For Intentional Damaged Caused By Tenant
I've read several articles and discussions about how intentional damage from a Tenant is not covered under landlord insurance policies. I just received a policy from Statefarm and it also excludes intentional damage ...
Scot Sorenson
Does anyone use Stessa expense tracking for there properties?
Hello all. Has anyone actually used Stessa? It was advertised on the last episode of the BP podcast #295. I have 1 property as of now and have been doing little to nothing to track income and expenses. Need to rem...
Kendall S Jones
Recommendations for Landlord/Tenant Law course
I am new to the Chicago area and exploring multi-families and small apartment buildings. I took a class on Landlord/Tenant Law many years ago in Boston when I lived there which was very helpful. Any recommendations fo...
Brittane Jenkins
Dcsr owner occupied
Hello everyone!
Does anyone know if there is any work around with Dcsr loans if the owner wants to live in the house?
Antonia (Toni) Foster
Move in fee vs security deposit
Hello,I'm a newbie. I recently purchased a 3 unit rental property. It is fully occupied with great tenants. I charged security deposits but from the discussions I've been reading it sounds like a Move In fee is the wa...
Jeremy Marek
Is 2.5 months rent too much for security deposit???
So we are about to close on our first 6 flat building and when speaking to my banker (who is also a REI), she stated that she requires 2.5 months rent for her security deposits, because we live in Cook County and evic...
Donald Williams
With the new rules can you send out solicitations for private RE Investors?
What can't you say when soliciting for Investors under the new rules. I heard you can't say things like guaranteed returns but you can say fixed returns of 10%. What else can you say?Thanks
Frank S.
Security Deposit, Check Not Cashed
The Chicago Ordinance is very strict as it relates to security deposits for non-owner occupied properties. Many, request move-in fees instead.What happens when a check used for the deposit is not cashed? Is that a v...
Bradley Lewis
Rental Qualifications Too Strict????
Could I get some feedback on my qualifications for my SFH? Are they too strict? I am in the east region of Dallas. Thank you!Income must be 3x the rent. Credit score must be a minimum of 680. No evictions, bankruptci...
Chris K.
Camera locations for your STR property?
For your short term rental property can you 1-put cameras by front door (security, see who goes in and out), 2- cameras around house (non use spaces)3- cameras in garage (renters would park cars but want to check gara...