Stephanie Menard
Expensive lesson by leaving one clause out of rental agreement
19 January 2025 | 41 replies
I don't rent furnished and others may be able to point out where this is flawed, but I would consider renting the furniture SEPARATE of the unit because that may allow you to collect a deposit on the furniture.
Fareen E.
Start lease on closing date or the day after?
10 January 2025 | 11 replies
Sellers may struggle to mentally shift from "owner" to "tenant," which can create challenges with boundaries and property care.Security Deposit:If you’re doing a temporary leaseback, be sure to collect a substantial security deposit to cover potential damages and ensure they vacate on time.
Josh H.
Buying Home from Auctions?
13 January 2025 | 8 replies
Each jurisdiction is different, but typically include a substantial deposit due same day up to full price deposited that day.
Amanda Lindsay
Is Rent Redi too good to be true?
19 January 2025 | 13 replies
All deposits and rents are collected through RentRedi.
Charles Evans
What Paperwork Should I Be Keeping Record Of?
29 January 2025 | 9 replies
Here's a good folder setup.Bank StatementsCredit Card StatementsProperty Management StatementsMortgage StatementsSTR Platform StatementsInvoicesReceiptsClosing Documents (Purchase/Refi/Sale)LeasesCheck & Deposit ImagesVendor ContractsW-9’s & 1099’s
Kody Smith
Hello, I'm just Getting started with creative finance.
24 January 2025 | 4 replies
Set up a Joint account with the seller so you can make deposits to continue the automatic payments to the lender until you refinance the property.Thanks,Dustin
John Friendas
15 vs 30 Year Mortgage for Investor
23 January 2025 | 3 replies
Making additional payments or taking a shorter term are just depositing more into that savings account (it's not like the property appreciates more by paying down the loan).
Joe Kim
How to speak to owners/landlords for rental arbitrage
27 January 2025 | 7 replies
However, I have offered two thingsA) Higher deposit - this way the owner's fears are alleviated somewhatB) Property management - offer the owner that you will essentially property manage the property for them.
Matthew Brant
Info on investors to flip houses
30 December 2024 | 1 reply
That would be called the BRRRR strategy - there is endless info on that strategy here and on the podcasts and in the BP bookstore.
Brandon Dixon
100 percent financed/Juan Pablo reviews?
23 January 2025 | 39 replies
I lost another $1000 in inspection fees but should get back $2000 earnest money deposit.