Christian Pichardo
New Investor in TROUBLE - Carrying costs since April 2024
27 December 2024 | 34 replies
Income tax refund (forced savings account where govt keeps your interest) gives them the cash they need for first month's rent + security deposit.10) Realities of S8: most tenants no longer have 100% of rent paid by the program.- Good luck getting them to pay their portion for the duration of their lease- Be careful including utilities in the rent as they then won't care about a running toilet resulting in a $500 water bill.- S8 tenants don['t want to pay application fees- S8 tenants cry broke about paying security deposits- S8 tenants in the program for 10+ years claim ignoreance on filling out their paperwork because they've learned a desperate landlord will do it for them.If you want a S8 tenant, you MUST advertise on www.AffordableHousing.com
Lolo Druff
Buying a house with tenants in place
11 December 2024 | 5 replies
For example, I often see Buyers purchase property thinking there is a $1,000 deposit but then the tenant claims it was $2,000 because they paid the last month's rent.
Travis Boyd
How effective can MTR be with small multifamily properties?
7 January 2025 | 16 replies
I gotta say, I had a hard time deciding on the monthly rate and deposits.
Matt Wan
Getting a mortgage as a non-resident US citizen
23 December 2024 | 15 replies
Wise is an international bank that allows you to deposit and display statements in whatever currency you choose.
Deja Clark
How to Structure Land Deals? Newbie Needs Wisdom!
14 December 2024 | 5 replies
The seller’s most recent counter-offer was 90k for 30-40 day closing with a 10k non-refundable earnest money deposit.
Vivan Bhalla
RentToRetirement.com Review - Beware of this scam
16 December 2024 | 43 replies
From mid july I started noticing I have not received any deposits and I thought it might be a delay since it is a new property.
James Carlson
Are STRs as we know them dead in Colorado (and other places)?
22 January 2025 | 53 replies
Its all legal and now you only have to maintain a place for 5 groups. 1) you can get a heavy cash deposit down for the ownership. 2) they pay quarterly for expenses that funds the overhead. 3) everone has a share of profit when you or they decide to sell for a higher price.
Andy S.
Pet rent in New Jersey
9 December 2024 | 5 replies
.: I don't charge deposits for animals because deposits are fully refundable.
Spencer Manning
Section 8 (HCV): Do government funds ever run out? And other questions.
13 December 2024 | 5 replies
Also the Voucher doesn't cover the security deposit which in most cases, I have to put my S8 tenants on a security deposit payment plan for those to get them qualified to move-in on my applications.
William Burns
Detroit Housing Commission Section 8 System
18 December 2024 | 5 replies
Some landlords report that it regularly takes around six months to start receiving direct deposits from the government.