Hello, I was talking to a hard money lender the other day and he said that I should count on about $10,000 closing cost Plus a down payment, I was wondering if this was normal amount? Thanks
The completion of my first rehab is 3 weeks away. I have my rent set but I am still unsure of how much I should charge for a Security Deposit. I have seen different takes on this. First and last months rent. First and...
Would a month's rent for 2 adults living in a property be adequate Security deposit? (I plan on raising deposit by $500 which is 1/3 of month's rent for each addtl adult, such that 2 adults = $1500, 3 adults = $2000 d...
Hello,
First time poster, real estate investor. What method works best for finding potential renters and what do you require for move in....First, Last, & Security?
I’m in the greater Seattle area and this seems l...
I have a few rental properties with loans. I plan to keep them for a long while due to the location. I have some extra cash that I can pay down the loan. The loans are all at the same interest rate, how do you know wh...
Do you charge first month, last month, plus 1 month rent as security deposit? Or do you just charge first month rent and one month rent as security deposit? Pros and cons? Thank you
Hello all,First time poster and long time admirer here. I have an issue and I'm not sure if I should get a lawyer or not. My landlord just sent us just an excel document listing "damages" and their "cost". He is withh...
I've got a great tenant and would like their security deposit to earn them as much interest as possible. The problem I'm encountering is most of the high yield (> 4.00%) savings accounts I've looked into don't seem...
My own current month-to-month rental agreements I propose are pretty simple (KIS is my philosophy when it comes to paperwork, etc) and require minumum 30 days advance notice from either party of vacating unit. Same in...