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The #1 mistake with eviction notices Oct 12, 2023

So, you've got this swanky pad and the Tenant keeps pushing your buttons.

You've had enough.

So you figure, "I'll slap an eviction notice on their door - that'll show 'em!"

Oh... kayyyy.

Well, um, in case ya didn't know:

That's a bad idea. And it'll have you rewriting...

Read on...
A lease trick - show you? Oct 05, 2023

Ever find that perfect series finale?

Where everything wraps up like it should...

No cliffhangers.

No unanswered questions (looking at you, "Lost").

 

It's just... done.

Well, you can apply this same magic in your lease.

If your lease has a clear end date, then no termination...

Read on...
Turn your toolbox into cash Sep 20, 2023

Ever fixed a pesky sink leak at your rental?

Or painted over some crayon art left by the ex-Tenant's kiddos?

You're hired, kid!

 

Ever thought, "Hey, I should make a buck or three for this..."

Good news, you can.

If it's in your lease.

Yup:

You can slap a price tag on your DIY chops.

We know...

Read on...
Don't put this off Sep 14, 2023

Ever had a Tenant play the "I promise to pay next week" card?

Oh, those sweet promises...

Kinda like those New Year's resolutions we all forget about by February.

Here's the deal:

Promises don't pay the bills.

But you know what does?!?

Being proactive.

So, when the rent's late,...

Read on...
NEW LAW for radon in rentals Aug 17, 2023

So, radon - you've heard of it, right?

That sneaky, invisible gas that can wreck your health.

Kinda like that silent-but-deadly Uncle at family meals.

Don't. You. Dare.

Well, the law changed - again.

This time, it's the Illinois Radon Awareness Act.

Starting January 1, 2024, you gotta be more...

Read on...
Would you call the cops? Aug 10, 2023

Ever had that "Oh, snap!" moment during a routine inspection?

You know, where you peek in the closet.

Maybe snoop around the corner.

Then find a scene more like Breaking Bad than Full House?

Here's the deal:

If you ever find something and wonder "is that even legal" - start...

Read on...
Who gets first dibs on your crib? Aug 03, 2023

Ever heard of a "right of first refusal"?

Sounds like a medieval jousting term.

I hereby claim a right of first refusal to your dragon! 

Like most things in law, it's a fancy term for a simple idea:

Someone gets the first shot to buy your house.

Now, you wouldn't give...

Read on...
NEW LAW changes how you get paid Jul 25, 2023

Remember the good old days?

When you could just snap your fingers (or send an email) and poof!

Rent magically appeared in your bank?

That happened thanks to electronic funds transfer (ETFs).

Well, say hello to Public Act 103-1032.

No, it's not the long-lost cousin of R2-D2 (but it still...

Read on...
That ain't worth Jack Jul 20, 2023

There you are.

Eviction notice in hand.

The fountain pen and heavy paper make it feel all official.

After three knocks, you duck tape that baby to the door.

A few hours later, you get this text:

"Thanks for the notice, jerk - I'll be outta this dump by sundown!"

 

But here's the problem:

...

Read on...
Your spouse will love this law Jul 14, 2023

Birds fly.

Fish swim.

And Tenants make big deals about nothing.

The winner for Best Performance in a Dramatic Role goes to...

You're a Landlord. Not a round-the-clock handyman.

You dig passive income.

But also sleep, vacation, and other sweet tunes of life without interruption.

Despite...

Read on...
A magic number you need to know Jul 06, 2023

So, you got the itch to swing by your Tenant's crib.

Maybe you need to:

  • Fix a leak
  • Check the smoke alarms
  • Confirm the house isn't doubling as a goat yoga studio.

Before you go moonwalking into the place like Michael Jackson in his prime, remember:

You must give reasonable notice before...

Read on...
Wake up babe, I smell smoke Jun 29, 2023

Your Tenant wears clothes, right?

Well, except for their yearly retreat to Birthday Suit Bay.

No shoes, No Shirt, No Shorts baby!

Those deep v-necks need washed.

And dried too.

But here's the kicker:

Dryer vents get real dirty, real quick.

And can clog faster than a Thanksgiving toilet after the...

Read on...
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