Hello, i have a question about securing a loan for a renovation after purchasing a fixer-upper. I am a union commercial carpenter and would prefer to do my own work but i don’t have an EIN/business as a contractor. Fr...
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I rented and apartment in Des Moines, IA for one year. Always paid ontime and finished my one year lease. Provided “Notice to Intent to Vacate” 40 days before moving out. Left everything in perfectly nice and clean sh...
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Hi;Just reaching out to gauge how others view this. Should security deposits be looked upon and considered as income? Then when the lease ends those funds returned are then considered a payout? Any insights? Thank you...
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I am buying a rental property with existing tenants in place. The purchase price is 155k, and the current seller is holding a security deposit of $2250. We are in attorney review, and the seller has just asked that ...
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Yep, 15 months. She's not a drug dealer, but she is receiving a very large divorce settlement, has no income, will be going to nursing school. She is worried that without income she'll have a hard time getting appro...
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I have a tenant candidate who has evictionS on his record. Currently he doesn't work and gets unemployment, is a student and his fiance who is the only one working. Two kids. He showed proof that he can pay 1 year.Wha...
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Hey guys it's been a while... I'm renting out an apartment. I listed it on craigslist and got "the usual". Some good applicants, some bad applicants. Some dreamers with no income, unable to verify income, past evictio...
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My title company forgot to include the security deposit for the tenant I inherited and when I asked her if she could get it she provided a signed statement from the seller that there was no security deposit left (he h...
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Hi BP,I recently purchased a 4 unit in Cleveland, Ohio! I am currently exploring CMHA and or EDEN (Emerald Development and Economic Network) as a way to fill my units. I have found a ton of information on CMHA however...
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I was reading Blake Morris' post in this thread here:
https://www.biggerpockets.com/forums/52-rental-property-questions-landlording-issues/topics/106490-tenant-gives-deposit-to-hold-and-pay-first-months-re...