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Hello everyone! I am a Long time lurker and have read many of the BP books and followed discussions on here which helped push me to buy my first duplex. It has been quite the project for me as I’ve had to do way more...
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What are the requirements for holding tenant security deposits in NC? Do I have to open a separate account for holding security deposits?Do you recommend small community banks for managing monies from rental propertie...
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Had an applicant with not one, but TWO recent evictions.
Googled them before they came to see it. One eviction last year, another eviction only a year before that.
Sheesh!!!
Another batch of bad a...
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Good morning BP!Background:I recently bought a property with an existing tenant. I received the tenant's security deposit at closing. However, I did not receive and the tenant does not have any paperwork showing the c...
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Connecticut law states that the security deposit MUST be held in an escrow account. When I went to the bank today, they advised me to open a Landlord Tenant account which I believe is not an escrow account. Can someon...
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Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...
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Wondering how others charge for allowing tenants to have approved pets. There are many different ways to charge a tenant for allowing a pet: Flat additional rent per month, higher security deposit, pet admin fees, fee...
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Hi Everyone! I have a rental house in the state of Pennsylvania. Current tenant presented a letter and certificate to have a emotional support animal. My lease agreement has a no pet policy. She knew that and now I am...
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Hi. I have a contractor that I really like, but he lives an hour and forty five minutes away from my newest project. I still want him to do it, so he proposed having him and his 2 guys stay at the house 3 nights a w...
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Newbie closing on my first property, how do I keep my rental income separate from my personal accounts if I don’t have an LLC and therefore can’t open a business account? Should I just open a separate checking account...