I am looking at 2-4 unit multi-family properties, some have separate utilities, and some a mix. The mix is mostly Owner pays water/sewer/trash and gas heat, and tenant pays electric. With the same neighborhoods, the...
In Massachusetts, can a landlord commingle multiple investment property security deposits in one account, as long as that account complied with all MA laws (interest bearing, separate from landlord funds, etc)? I have...
Hello BP, I'm rolling my old employee 401k into a Solo 401k with the help of @Dmitriy Fomichenko Sense Financial Services. I'm keeping all the different balances in separate bank accounts. I don't have a CPA so wante...
I just bought my first rental property and have tenants moving in soon. I am now weighing the pros and cons of using my normal checking and savings account to manage business income and expenses or going ahead and set...
Hi everyone!
I am hoping to get some advice on House-Hacking in the Denver, CO area. I currently live in Los Angeles, CA, and have managed to save up $35,000 in liquid cash for a down payment on a house. With Mort...
I recently bought a building with pre existing tenants. Many of the units have multiple signers on the lease. When tenants move and I return security deposits, should I divide the deposit equally among the tenants a...
Hi all,I looked up some of the discussions on land trust and still have a few questions so asking for clarifications.Here is my scenario: Have a few rental properties, most with loans and few no loans. Currently all...
Dear all,I have trouble selling a San Diego house because of the following:Buyers can easily get a mortgage for the main house but not for the smaller manufactured house (3 years old) that sits behind it, on the same ...
Hey BP,I am currently looking at buying a home with a detached garage apartment and living in one while renting out the other. Thinking long term, after I move out I would like to rent them out separately to maximize ...
Hi BP!
As new landlords, we do not have enough experience with the screening process, and would like to get advice from others.
We have a married couple wanting to apply and I am planning to use Cozy to screen them....