Micah Freeman
NNN Lease - Security Deposit Listed as None
Went into escrow on our very first NNN property this week. Documentation is starting to roll in as part of our Due Diligence period and Received the lease documentation today and it says "Security Deposit: None". Is i...
Micah Freeman
NNN Lease - Security Deposit Listed as None
Went into escrow on our very first NNN property this week. Documentation is starting to roll in as part of our Due Diligence period and Received the lease documentation today and it says "Security Deposit: None". Is i...
Antonio Pican
Multifamily deal found and can secure funding
Hello BP,Do you have to get a property under contract prior to pitching the deal? If so, a property selling for 800k-1mil...what are the steps to get it under contract in a multifamily deal, is it a must for a earnest...
Kyle Contente
Prorated Rent & Security Deposits at Closing
I closed on the sale of my rental property recently. Today I received communication from my agent stating that the buyers lawyer had reached out stating they had forgotten to account for prorated rent and security de...
Bryan Laufenberg
Best security camera system for SMF units
I have a triplex unit that had some bad previous tenants. An ex spouse trying to break in. But I also figured a good camera system isn’t a bad idea. What’s the best for a vacant owner? I don’t want a million notificat...
Mark Coogan
handling security deposit for potentially litigious tenant
Would appreciate help on this one. I recently acquired a property where a dirty tenant of 2.5 years had to be removed prior to close as part of the contract. Ultimately, the tenant ended up moving after the close. T...
Theresa P.
Setting up Security Cameras in Sprawling Park
We recently bought a mobile home park that is in need of security cameras. It's a good size (50 lots) and is pretty spread out. Wired cameras don't seem to make a lot of sense in a park this big, but wireless cameras ...
Priyanka K.
Security Deposit - Same Account for All Rentals?
Hello fellow landlords!I know I need to keep security deposit for rentals in a separate bank account but do i need an account for each rental or can I keep them in one account for all rentals?FYI - all rentals are in ...
Noah Milstein
Security deposit rate for a house hack
How do you go about determining the security deposit when renting individual rooms on a house hack? I have 4/2.5 and am renting out 2 of the 4 until I move on to the next house hack. What's a good rule of thumb for es...
David Mcginnis
Security deposits on a foreclosure auction purchase
Recently looked at an occupied 3 unit building that was scheduled for foreclosure. Presumably, the tenants has posted security deposits for their units. And presumably, if I had purchased at auction, I would then own ...