David Kim
Cell Tower Lease Owners: How do you respond to letters requesting
Hi everyone,My property has a cell phone tower on its roof, and I just received a letter from the carrier saying they've decommissioned some of their microwaves, and that they want us to reduce rent in light of this u...
Ivan Paxton
Not renewing a tenant's lease
I own a four-plex and live in one of the apartments.One tenant's lease is up for renewal in early January. She is a single Mom who has had an undesirable "boyfriend" hanging around for several months. I'm not sure i...
Ay Zed
Lease vs the Law, which one goes?
Hi everyone! I am a renter who just moved out. The lease I signed with our landlord said:SECURITY DEPOSIT: A Security Deposit in the amount of $3,500 (US Dollars) shall be required by the Tenant(s) at the execution of...
James York
First rental- self managed
I am moving from selling my spec homes to keeping them. I am ready to lease the first one, but am struggling with the first month's rent. Let's say rent is $1000/month due on first and security deposit is $1000. Lease...
Jamie Dupont
To Video or Not to Video? (direct booking site/airbnb/vrbo)
Hello BP community,
We are in the process of attempting to optimize our first STR property in a very seasonal market. We added a yard game area/hot tub/pool/etc. Pro photos are happening in October and we are dec...
Lilla Horvath
Bookkeeping Security Deposit
Is a security deposit regarded as income for bookkeeping purposes? I'm using Excel spreadsheets for now to do my bookkeeping. How do I account for the security deposit without inflating the cashflow? How do I account ...
Justin Hennig
"Due on Sale" or "DOS" snap poll...
Has anyone done a conventional (Fannie/Freddie) loan on any of your investment properties, then transferred the deed into your Corporation or LLC to achieve asset protection?
IF YES, did the lending instituti...
Anthony Galante
Tenant breaching their lease contract
New landlord for a few months now. I am also new to this forum so I want to say hi to everyone here. Heard great things about Bigger Pockets and love listening to the podcasts. Looking for any landlords who can help m...
Adam Roberts
First cash for keys eviction story
Team - I had to go through the unfortunate activity of releasing a tenant this past week and figured I'd post the story to share with others. Feel free to critique or add more story-telling.
Tenant (4 plex) ...
Greg Gaudet
Releasing funds to seller prior to closing?
Hey All, I'm pretty sure I already know the answer, but in an attempt to better serve our seller and go above and beyond, I wanted to ask the community for the off chance that someone knows of some way to structure th...