Brook Burns
Tenant Security Deposit Escrow Account
29 January 2025 | 9 replies
Looking forward to reviewing these options.Here's the PA law: https://clsphila.org/housing/security-deposits-in-pa/Any bank account will work.
Mitch Smith
How Tiered Returns Has Helped Us Structure Our Private Lending Deals
17 January 2025 | 3 replies
This is a structure we’ve implemented with our private investors, and it’s been working really well for everyone involved.Here’s an example of how tiered returns might look in a lending scenario:Investment AmountAnnualized Return$100,000 - $249,99915%$250,000 - $499,99916%$500,000 - $999,99917%$1,000,000 and above18%Why Use a Tiered Structure?
Linda M.
Security deposit increase for NYC lease renewal
17 January 2025 | 3 replies
Here's the deal: You don't need to withdraw and return the current security deposit just to collect the additional $100.
Brady Morgan
Securities Based Lending for Low Interest Rate
17 January 2025 | 19 replies
@Brady Bitter First what are you calling "securities"?
Stacey Wells
Best Ways to Secure Capital for Real Estate & Business Growth?
29 January 2025 | 1 reply
Traditional bank loans can be slow and have strict requirements, while hard money and private lending seem to offer more flexibility.For those who’ve secured funding before, what’s been your experience?
DJ Wilson
Keep Security Deposit for Unpaid Rent in California?
15 January 2025 | 4 replies
Yes, you can deduct the 8 days rent from the security deposit.
Mark S.
preREO - First Mortgage Secured by Vacant Property
24 January 2025 | 42 replies
Local investors can now get additional discounts by moving up the food chain and buying as notes and, on mortgages secured by vacant properties, utilizing the preREO strategy to generate revenue during foreclosure process.
Anderson S.
Stay Ahead of the Curve: Navigating Rental Market Regulations
22 January 2025 | 0 replies
Being proactive ensures you’re always a step ahead, minimizing risks and keeping your business running smoothly.Example: Imagine you implement an outdated tenant screening policy that inadvertently violates a new anti-discrimination law.
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.
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.