Anthony P Gosselin
Returning security deposit
16 November 2016 | 6 replies
Should I return the deposit?
Paul Winka
Window screens required by IRC? What is code reference?
9 November 2016 | 19 replies
Same with closet doors, off the hinges half the time in rentals.So replacing screens can get old (but you can offset the deposit as it is hard to dispute a missing or broken screen).On the bright side, if you go to the big box store, they sell screen making kits (e.g, I don't bother looking for pre-made screens in just the right size or overpaying a window store to make them); the kits can be helpful for landlords.So you buy the kit, some screen mesh (this is more expensive, but buy a big roll if you will be in rentals for the long haul), and you will need a hacksaw and a little screen spline tool (a little roller).
Blake Antis
New to REI. Question about BRRRR.
7 November 2016 | 8 replies
At this stage, you DON'T have enough equity to be ready to do the Refi part of the BRRRR strategy, but hopefully your own income will allow you to SAVE for a 3.5% deposit for an FHA-approved Loan for your NEXT primary.The difference is, you're NOW more knowledgeable about what it takes to be able to Refi all your deposit back again for NEXT time (eg. if your next one also appraises at $70k, you need to have no more into it than $49k (70%), including your deposit. ie.
Account Closed
How we benefit from Wholesalers
13 November 2016 | 27 replies
Out of curiousity, do you offer sellers a non-refundable deposit for taking THEIR property off the market?
Account Closed
Does anybody allow smoking indoors?
7 November 2016 | 10 replies
Do you charge an extra deposit?
Ian Lord
Tenant only paid half the rent and I want to send 5 day or quit
10 November 2016 | 18 replies
I allow tenants to direct deposit their rent as well.
Ryan Cormier
Tenant Caused Water Damage
24 May 2020 | 6 replies
Do not under any circumstances deduct the cost from their deposit if they are staying as tenants.
Loren Thomas
How passive are rentals using a property management company?
7 November 2016 | 7 replies
I am completely hands off and my involvement is receiving the monthly deposit and giving my input on any expense $300 or greater.Remember that the property manager works for you.
Robert Niessen
How is prepaid rent handled in a sale?
7 November 2016 | 2 replies
The prepaid rent security deposit would be a credit to the buyer otherwise the tenant would be staying for free when you take over the property
Nik Divakaruni
Recommendations for Bank
7 November 2016 | 2 replies
Currently, we use a property manager (and subsequently their merchant bank account) to manage our finances, which gets deposited into our Bank of America account.I'm thinking of setting up a local business checking account, but of course, the major banks that we have out here in California (namely BofA, Chase, etc) have no presence in Pittsburgh.Does anyone have any good recommendations for a local Pittsburgh business checking account?