Dave Bopp
How much to withhold for damage from cat?
Hello all,I'm writing to get some advice on withholding money from a tenants' security deposit because of damage caused by his cat. He just moved out yesterday and upon getting the unit ready for turn over I discovere...
Account Closed
New Real Estate Investors – You’re Gong To Spend Time or You’re Gong To Spend Money
Don’t you hate being lied to? I hate it when some “guru” claims
“No Cost, Zero Down, No Risk, But wait there’s more, we’ll tell you (on video or zoom) how to do this for only $xx,xxx. “ and the “community” will save...
Douglas Krofcheck
Virtual Addresses and Accepting Packages
I'm about to start my house hacking career and will be self-managing my properties (no LLC yet too). I don't want to need all the tenants, services, and family to update my mailing address each year so I've begun loo...
Bryan Bacallao
What's the best way to screen tenants & collect rent??
So I'm looking to purchase my 1st rental property. How/what should I use to screen potential tenants? What's the best way to collect rent? Is it normal to get the 1st and last months rent plus security deposit OR just...
Danial Qureshi
Freddie Mac now allowing LLC transfer (as of 10/20/2021)
I just discovered that Freddie Mac recently began allowing property title transfers to an LLC after an amendment to their servicing guidelines, effective on 10/20/2021. Until now, only Fannie had allowed LLC transfers...
Karen Margrave
CLOUD BASED PROGRAMS - Yes or No?
Do any of you use cloud based programs for accounting or other uses? What has been your experience? Have you personally ever had a bad experience with a cloud based program, and if so, what was it?
Bob Malecki
Preforeclosure property preservation rights?
We just purchased 2 notes on homes in Oklahoma, both are vacant and we are working with a law firm to foreclose. Since these are boarded with FCI, we have automatic basic insurance under their blanket policy with OSC....
James Mcsweeney
Transferring Ring doorbell to tenants
I'm going to rent out my primary home which has a Ring installed. I don't need it at my new spot so wanted to see if I could just transfer this to the tenants as a bonus. Is this legal and ok to do?
Christopher John Walker
Best way to work on a 2nd property
Hello allSo, I'm pretty new to all of this, I currently have one house under my belt. I'm working on planning to get my 2nd property would like to get a multi house. With that being said for this first house it was an...
Michael McIntosh
Michigan - Security Deposit Escrow
Hello BP! I finally closed on my first rental property in Michigan and have what I think is a fairly basic question.
Does a separate bank account need to be setup for each security deposit? Or, can this be deposited...