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Hello everyone! I live in Wisconsin, and going to purchase my first rental using a land contract with the seller. I am younger, so he is wanting one of my parent to co-sign on the land contract. What I don't like a...
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Just wondering what the law is and how folks generally do deposits.Cheers,Buddy
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Hey everyone, so like a lot of people here on BP I live in my rental property as an owner-occupant. My question is in regards to the Chicago RTLO. It states that the ordinance covers:" Rental units with written or ora...
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My tenants are giving me a 30 day notice, how do I properly give them their security deposit check back. and what if I find things that are broke and need to use the money to fix it. How do I prove they did it or keep...
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Hey all,
I am beginning to come across more and more fix and flip opportunities. I use a hard money lender for the purchase and the rehab. I typically need to bring $75K-$100K to the deal for the down payment. I woul...
So a friend of mine bought a cheaper home with the thought of renting it out some day. He gave up on that and offered to sell me the house strictly cash. We don’t have a bank involved, we’re strictly on the honor syst...
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If the majority of my homes are in LOW INCOME areas and C-Class rated homes... Should I be altering my rental application criteria? - I think the credit check is scaring so many people off and I don’t want that to kee...
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I'm curious how many other LLs still do first/last/deposit? We have always done it that way but I have had some anecdotal information from potential tenants the last few rentals that more places are only starting to a...
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Hey everyone,
I’ve been researching different funding options for real estate investments and business expansion. Traditional bank loans can be slow and have strict requirements, while hard money and private lending ...
I am moving and renting out my condo ($2700/month) in the San Francisco Bay Area. A prospective applicant asked me prior to viewing the property whether they can pay their security deposit (1.5 rent) in 4 installments...