Hello I wanted to get some insight on my situation. I’m new to real estate investing I have tried wholesaling it did not work out in my favor ,with a very competitive market in jacksonville Fl. I have received a 20k ...
I have a tenant who signed a year lease. He’s breaking the lease after only 4 months after getting transferred. Louisiana law states that any tenant who breaks a lease and leaves early (except under some circumstances...
I have had the same tenant in my rental for approximately 5 1/2 years. I'm considering selling it and getting something else. I'm confident that the deposit that was given to me before he moved in won't cover the ye...
We were given possession of our rental at eviction court. Tenant (ex spouse) paid a huge deposit including 3 mos rent + 2 mos deposit. The 2 remaining months rent will be used for her final 2 months (Jan-Feb). Tenant ...
Hi Everyone,Quick question on security deposits in Chicago. Can I combine the security deposits of different units into 1 bank account?I understand that landlords cannot commingle security deposit funds with the asset...
Good day all! I have selected a tenant that meet all qualification and have completed a background check. How do you all complete the move in process, lease signing and collection of 1st month rent and security deposi...
Hello fellow members,I am looking for rental software that allows online payment AND in-person bank deposits. Is this even available?I have 12 doors and have tenants that want to pay in person. Some are older, some ...
An S-corp that owns multiple LLCs, does the S-corp or the LLC run payroll for the owners? Do you have to deposit funds into the S-corps account as contributions just to do payroll for the owners?
Do you ask your end buyer for proof of funds prior to assigning?
Do you collect an escrow deposit? How much?
Just curios what others are actually doing.
Hi Bigger Pockets community. When I'm buying a property, does the bank look at where my earnest money has come from or are they happy to accept it as face value i.e. do they ask to see 2 months of seasoning for the fu...