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Results (8171)
Drew Brown Seeking information and/or direction
6 May 2023 | 1 reply

I need a document to secure a loan I made to a property owner, granting me a security interest in the property and establishing the terms of the agreement. I don't want to trigger transfer tax with a deed or mortgage,...

James Sanson How do you start something like a REIT
27 August 2019 | 7 replies

We have investors who would not qualify for a REIT, but they have money to go into an LLC that I own and to do buy and holds with me. I will maintain XYZ% of the LLC and sell off portions of it to them. From a forming...

Michael Opper Security deposit for current tenant?
12 July 2021 | 8 replies

I’m getting ready to close on a house that has a current tenant that’s renting at a month-to-month. When I take possession of the house should I require the tenant to provide a security deposit even though they’ve alr...

Luis Sanchez Ohio Security Deposit Dilemma
1 April 2023 | 8 replies

I purchased a home from a previous owner with tenants in place. I was never given a security deposit by previous owner and tenants have vacated the property. Who owes the security deposit?

Han T. Building credit rating as a foreigner
19 October 2021 | 2 replies

Hi Biggerpockets Gurus and Credit Experts, need some kind advice. I was wondering how can a out-of-country Non-Resident Alien with no credit rating, work around to build a credit rating? Currently due to COVID, flight...

Bob Schuster Commercial Syndication Question (Efforts of Promoter)
22 September 2022 | 2 replies

Hi there Bigger Pockets, was pointed here by a friend on this one as a resource. 
I hate attorneys. Working with one on a possible commercial venture and they seem to think it's a security based on an "efforts of the...

Justin Trudell Security Deposits in Massachusetts
30 January 2014 | 8 replies

I've heard several comments about how "pro tennant" Massachusetts is and that it might turn off investors. I've been reading the laws governing the tennant/LL relationship and it seems to me that the most sticky topi...

Michael Plaks Crypto warriors - beware!
12 August 2019 | 5 replies

The IRS is catching up. Quote from the official announcement below: "Virtual currency is an ongoing focus area for IRS Criminal Investigation."https://www.irs.gov/newsroom/irs-has-begun-sending-letters-to-virtual-curr...

Nipa S. Inheriting tenants without security deposits
22 June 2020 | 6 replies

Hi all, I’m a brand new BP pro and am excited to be closing on a triplex in a few days. I am in DD and will be inheriting tenants for the first time. I found out that the seller did not require the tenants to pay a se...

Brandon Shreffler Buying a rental house with tenants
13 October 2019 | 7 replies

I am in the process of buying a house that are friends of the current owners.  They are on a month to month written lease with no deposit.The current owners said they have been good tenants with on time payments.  The...