Ryan Treacy
What Do I Need to Know to Be a Landlord in Indianapolis, Indiana?
21 January 2025 | 4 replies
Key points include:Security Deposits: In Indiana, there’s no legal cap on security deposits, but you must return the deposit (minus any valid deductions) within 45 days of the tenant vacating the property.Evictions: Follow the formal process carefully.
Michael Braun
Billing tenant for damages prior to move-out
20 January 2025 | 1 reply
We also received a $2400 security deposit.
Mark Sullivan
Add to the Portfolio or Swap
20 January 2025 | 12 replies
So someone who lends based on deposits and relationships rather than a broker who would sell your loan.
Cody Caswell
2025 Design Trends to Use on Your Flips
22 January 2025 | 2 replies
Giving something fresh to the bathrooms rather than just matching the kitchen cabinets really gives the space a custom feel.2.
Evan Price
Possible Small Claims Court Action Considered - Need Previous Tenant's New Address
14 January 2025 | 1 reply
I just had tenants move out of my investment property (duplex) without paying for the last month's rent, and the damage they inflicted onto the property exceeds their security deposit amount.
Drew Sygit
New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
21 January 2025 | 11 replies
The law does NOT apply to landlords:With less then 5 rental unitsThat live in one unit of a duplex and rent out the other unitThat rent out rooms in the home they occupySo, landlords can no longer state in their rental ads, "Section 8 not accepted".The reverse is also true, "Section 8 only", cannot be used.We've always recommended screening S8 tenants the same way as cash-paying tenants.Landlords waiving application fees and/or security deposits only for S8 prospects may also be violating Fair Housing.
Robert Liu
New build with delta build services in Cape Coral
22 January 2025 | 66 replies
Wondering if anyone got a new contract from Delta asking for a larger deposit amount?
John Gillick
1031 leverage question on partial sale
15 January 2025 | 11 replies
While there's no strict requirement to match the original mortgage terms, reinvesting the full proceeds without financing or using leverage to enhance returns is key.If you don't reinvest the full amount, any shortfall ("boot") will be subject to capital gains tax, and depreciation recapture may apply.This post does not create a CPA-Client relationship.
Aaron Wolman
First Turn over
11 January 2025 | 7 replies
Nothing you mention is "ordinary" and you should charge for all of it. dodged a bullet there thats a very good price take it from the security deposit and call yourself lucky.
Melanie Alzugray
Newbie Investor looking at Kissimmee, Florida
17 January 2025 | 3 replies
While short-term rentals in areas like Kissimmee, Florida, can pay for themselves and offer lifestyle benefits, the ROI typically doesn’t match what I see from my traditional portfolio of long-term rentals in North Texas.That said, short-term rentals can still be a great choice, especially if you're drawn to the area and the opportunity to combine personal use with investment income.