Zach Pendry
Multifamily Underwriting Help
16 October 2024 | 5 replies
Deposits are not classified as income.
Raghavendra Jakkani
Process of renting out my first investment property
16 October 2024 | 4 replies
My list includes - last 2 years employment history and current employment [2 paystubs], criminal checks, eviction checks, No Pets, No smoking, tenant pays utilities, maintains landscape, no subleasing, bring own washer & dryer, 1 month security deposit and transfer of utilities before moving in, rental insurance, all occupants will be on lease, notice period of 2 months for termination, tenant references, No cosigners, no painting walls, late fee notice, any hoa fines should be paid by tenant, inspection of property at 3, 9 and 12 months.Please let me know if I am missing anything.3.
Charlene Bennett
Advice from Georgia landlords
14 October 2024 | 1 reply
CfD is a legal contract between you and a buyer (aka your tenant) that states for $x down (secuirty deposit) and $x a month (monthly rent) for x months, they can live in the home.
Ross Kane
LLC piercing corporate veil
21 October 2024 | 13 replies
The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.
Patrick Goswitz
Purchasing Material For Contractors
24 October 2024 | 139 replies
They read all the books where they are told to keep the contractor on a short leash , buy the materials , manage the job , dont pay deposits , have the contractor sign your contract .
Serafin Fernandez
Tenant Bank Statements
15 October 2024 | 7 replies
For example an Uber driver might show $4k per month in deposits, BUT that doesn't factor in their EXPENSES such as fuel and maintenance which might be $1k per month.
Jamie Stone
Seeking feedback from anyone on BiggerPockets who is in this program.
22 October 2024 | 15 replies
It sounds like there are five strategies, and the first one is essentially inserting yourself into a deal by providing the funds for an earnest money deposit for someone like a wholesaler.
Jeremy Altdorfer
20 units multifamily owner can't show proof of income via bank statements
16 October 2024 | 11 replies
Who deposits rent in multiple accounts from one building?
Samantha Coppinger
How to turn down a tenant I already accepted a holding deposit for
8 October 2024 | 22 replies
I want to give them their holding deposit back and deny leasing to them.