Gary Green
Suggestions for saving for first investment property
25 January 2025 | 1 reply
Ask your employer if you can have your pay split up into three deposits, one to investments savings, one to your checking account for personal use on a daily basis, and one to an emergency account you can tap into so you don't have to tap into your investment savings.
Jonathan Baptiste
What I learned after 1 year of house hacking
17 January 2025 | 11 replies
It saved me when things got real (hello, crazy boyfriend with trust issues).Security Deposit: Non-NegotiableOne full month of rent as a security deposit (at the very least!)
Olivia Armstrong
FHA or any options for property with two homes?
14 January 2025 | 2 replies
We have some $ saved but don’t have enough to put a full 20% deposit down as needed by most conventional lenders.
Walder Javier
Has anybody worked with Rehab Financial Group? (Hard money)
23 January 2025 | 3 replies
Not sure if they have upgraded to desktop appraisals but if they are still doing in person appraisals , make sure you get everything (scope of work, good faith deposit, social, LLC docs, insurance, proof of prior experience, financial statements) in ASAP.
Lorraine Hadden
Sellers/Agent Placed the EMD in an Interpleader Account w/the CA Courts
24 January 2025 | 3 replies
We completed our due diligence within 10days and once the report came back, we immediately requested our deposit back.
Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
@Bob Asad at our bank, we have an escrow account for security deposits, it is set up with sub-accounts for each tenant with their security deposit amount and their SSN.
Farnaz Z.
How to screen a tenant without a social security number?
13 January 2025 | 4 replies
Just be sure to clarify that she isn’t a leaseholder but is authorized to reside in the unit.If you’re concerned about liability or want more peace of mind, you could ask the primary applicant for additional security, such as a higher deposit, depending on what’s allowed under Colorado law.
Olivia Blake
New Landlord - Tenant Refusing Payment Method
29 January 2025 | 17 replies
As a PMC, we allow tenants to:1) Mail in rent (we charge a Processing Fee)2) Deposit at our bank (we charge a Processing Fee, but less than the mailing one)3) Use Zelle, Venmo, etc.
Robert Liu
New build with delta build services in Cape Coral
22 January 2025 | 66 replies
The deposit amount when working with a lender comes from the lender - it is basically the amount of skin the lender wants you to have in the game.
Donald Hatter
Reporting Unpaid Rent to Credit Bureaus
11 January 2025 | 1 reply
Our lease contains a clause stating the security deposit cannot be used for the last month's rent. 3.