
9 July 2024 | 5 replies
Or should I raise the price of rent to match the current rate in Denver?

9 July 2024 | 3 replies
You can also use a bank statement loan or SE program to use gross deposits versus taxes that have deductions.

9 July 2024 | 6 replies
Happy clause.....Its obvious you are not happy with the unit.. its rented "as is"..... since you are unhappy with the unit, I will gladly let you out of your lease within 30 days, with no penalty to you and will refund your entire deposit if the unit is returned in the same condition as rented.

10 July 2024 | 17 replies
Non refundable vs refundable pet deposit?

12 July 2024 | 79 replies
Autocorrect can't match my lightning fast fingers.

7 July 2024 | 5 replies
Try biggerpockets agent match: https://www.biggerpockets.com/agent/match

8 July 2024 | 16 replies
Standard down payment for a new primary mortgage typically range between 3%-5%If you need the rental income from the home you are departing you typically will need a fully executed lease and proof of 1st payment and security deposit

8 July 2024 | 4 replies
So if you claim a purchase, and they claim a sale - did the figures match?

6 July 2024 | 2 replies
My credit union account shows the following entry:: "Withdrawal RT # NOT DEFINED [TENANT'S NAME HERE] 6060, -$1950.00." indicating that the deposit of the tenant's rent check #6060 in the amount of $1950.00 was reversed, resulting in a debit to my account of that amount.

8 July 2024 | 2 replies
This separation helps in maintaining clear financial records and simplifies tax reporting and financial management.Setting up an escrow account specifically for rental income within your LLC can offer several benefits:Financial Clarity: It separates rent payments from other operational expenses, making it easier to track income and expenses related to the rental property.Legal and Compliance: Helps in demonstrating that rental income is kept distinct from personal or other business funds, which can be important for legal and tax compliance purposes.Tenant Transparency: It provides transparency to tenants and other stakeholders regarding where rental payments are deposited and how they are managed.While it may not be a legal requirement in all cases, maintaining an escrow account specifically for rental income is a prudent practice that many experienced investors and landlords follow.