![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3079635/small_1730108412-avatar-roopeshk2.jpg?twic=v1/output=image&v=2)
11 November 2024 | 8 replies
Like you, I was eager to start investing in real estate but decided to hold off until I had more visa security.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2554090/small_1722189989-avatar-michaeld1641.jpg?twic=v1/output=image&v=2)
11 November 2024 | 5 replies
First, request the current rent roll, which details each unit’s rental income, lease terms, and any security deposits.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2656604/small_1694720790-avatar-keriw14.jpg?twic=v1/output=image&v=2)
19 November 2024 | 23 replies
Do you have to keep the security deposit in a separate account?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2868795/small_1700359085-avatar-lisah341.jpg?twic=v1/output=image&v=2)
11 November 2024 | 10 replies
I look at the tenant's financial situation (income security) as a very important part of the property analysis.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3142467/small_1730768451-avatar-shink4.jpg?twic=v1/output=image&v=2)
5 November 2024 | 1 reply
Hi everyone, i'm very new to wholesaling, watched a couple videos by Flipping Mastery TV on youtube and after some research, thought i'd do my first few offer calls.I was able to find 2 seller's agents who are interes...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1848304/small_1635095037-avatar-mok31.jpg?twic=v1/output=image&v=2)
14 November 2024 | 19 replies
I used furnished finder and keycheck to find tenants, screen them, and collect rent/security deposits.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3109482/small_1729065149-avatar-michaelw1710.jpg?twic=v1/output=image&v=2)
13 November 2024 | 9 replies
An estoppel certificate is a form you have the tenant sign that confirms their lease start date, the amount of their security deposit, and other things.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/182136/small_1728924093-avatar-scotttrench.jpg?twic=v1/output=image&v=2)
26 November 2024 | 86 replies
@Joe S.I would say BP does a good job as well as its membersFor example when peerstreet went under people were on BP blasting them because “they did not know” they invested in unsecured debt because they noted they invested in secured loansBut if you read the literature it was clear the investors were unsecured even though the company invested in secured loans (which this structure is not uncommon) - they were called out for this.There are components related to communication that cannot be verified unless posted but most documents and property transfers (like the one I assume is referenced in the start of this post) cannot be disputed.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2832229/small_1695249979-avatar-madinap1.jpg?twic=v1/output=image&v=2)
8 November 2024 | 5 replies
I have prospective tenants who signed a lease on 31st of October and paid security deposit same day.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1235143/small_1718390126-avatar-troyf20.jpg?twic=v1/output=image&v=2)
12 November 2024 | 8 replies
This needs to be highlighted in the lease and acknowledged by them.Security Deposits: You can’t use their security deposit for routine cleaning, but if they leave things in bad shape beyond normal wear and tear, it’s fair game to deduct cleaning costs.I’d start by having a straightforward talk with them about the importance of keeping things clean for health reasons and property preservation.