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So, we finally closed on our first two-family home yesterday afternoon. I gave myself sometime to let it sink in and enjoy the fact that it was finally over, we got a house we liked, after a 15-month search. The selle...
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My wife has a house in Tacoma Washington. She rent it out to a tenant who live there for about 5 years. She moved out and trashed the house and caused $4,000 damages. How do I get compensate for the damages? Her prope...
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Any insight on using a tenant's security deposit as their final month's rent?After giving notice that he and his family are moving out of the building, a tenant asked if he could surrender his security deposit to cove...
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I have had this come up before. I just received a call from a prospective tenant wanting to see one of my SFH who said she would pay the entire year in advance. I hate to sound cynical, but now I am wondering what k...
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I am targeting homeowners with dilapidated homes that need repair and offering to pay for the rehab and split the profits with them at the end of the project after the sale of the home.
Any idea what this would be c...
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Hello BP!! First of all happy holidays to everyone and I hope your new year is filled with love, health and wealth ! I wanted to jump in the forums and ask if anyone has a Deal Presentation Template or Market Analysis...
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Hello BP Fam,I am hitting the forums today with a question due to talking to my bank today. In the state of Delaware, the security deposit must be held in a "security deposit account". My question is do any out-of-sta...
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Ever get a tenant offering to pay a few months in advance?
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We are selling our SFR rentals and the tenants have all been aware. We are communicating with them of course. Is there particular/formal documentation we need to provide regarding the transfer of security deposits, ...
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There is probably an obvious answer to this question so I apologize, in advance, if I'm missing it.
When one buys an apartment building and the current tenants' security deposits are transfered to you as the new own...