All Forum Posts by: Brian Karlow

Thanks everyone for sharing opinions and experiences. I'm really sorry for those dealing with some of the mentioned issues...definitely not fair!  

Being a local guy, I can say the south side and south suburbs of Chicago need to be approached with caution...these areas change block by block.....Just do your due diligence.

Brian

True to the point about HOA dues for townhouses and condos, but those dues do include a percentage of your CapEx so this can be reduced in your projections.

Hope this helps and good luck!

Brian

Sorry to hear about this but it is a learning process and one that will allow you to improve your business from.  Yes it's an expensive lesson, yes it's frustrating  and yes it's really unfair, but take the positive from this incident and move forward.

This could be a great opportunity to put a new procedure in place for your PM.

Brian 

Thanks again everyone for sharing on this topic.  All great points and certainly a huge help to me in working through an unfamiliar scenario. 

Brian 

To clarify, the boyfriend was not on the lease and was not permitted entry upon arrival at which time the incident took place.

Hope this helps provide a better understanding for everyone.

Brian

Thanks Sean, I appreciate your insight! 

Thanks Sean, I appreciate your insight! 

All great points everyone...thank you all for your time and help!

Brian

Thanks Dustin for your feedback....I really appreciate!

I need some opinions from the community....

My tenant informed me today the front door was kicked in by her daughter's 19 year old boy friend when she would not allow him into the home. Upon arriving home from work, my tenant called the police and filed charges. A warrant has been put out for his arrest and police are actively pursuing his apprehension.

Is the tenant responsible for the cost associated with the required repairs? The reason for him even being at the property was the result of a relationship with the tenant's daughter; however it was against her will and a criminal act. 

Let me know what everyone thinks....I really appreciate your feedback.

Thanks