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What is everyone’s thoughts on using security deposits vs other methods? The last few places I have personally rented have not had security deposits but rather smaller non refundable fees during application process. L...
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I have had several interesting conversations with other investors on the importance or lack thereof finding a good lawyer when establishing an LLC. When are you considered "safely behind" a legal entity should a lawsu...
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Hi friends, I bought my first duplex a little over two years ago and now I have my first tenant ever moving out. The issue here is that they painted parts of my kitchen cabinets. The cabinets are factory white, but no...
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Hello Bigger PocketsI contacted a specific county and they sent me a form to fill out of which Tax file I want. Bolded below is the form they sent along which type it's under. Crazy they are charging hundreds of dolla...
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I recently created a website for my future tenants/buyers to be able to see my homes available, applications, contact info, testimonials etc. Wondering how do I add a payment option to the website so I can collect ren...
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I'm eyeing a single family home listed for $385k and appraised for $510k in 2019. I plan to acquire the property, rehab, refi and occupy as my primary residence for three years and then rent (military). Do I submit ...
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Hi, All!I received a frantic call from a tenant telling me that one of the washing machine was flooding. The overflow went into two units and down a hallway. I called my appliance repair company and they found no issu...
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Hello all,
Thank you for your advice on my earlier questions. I have another follow-up question:
My tenants (and roommates) have month-to-month lease agreements. They are scheduled to move out at the ...
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Hi BP..Just wanted to see what people thought of this idea:Problem - Out of state investor OR someone who has a different primary resident wants to sell home but has deferred maintenance to the tune of 30 or 40K. OWNE...
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So for the upfront costs (e.g. Option Fee, Security Deposit, etc) can you do it with no money out of pocket? Is it advisable to do it with no money out of pocket? If it is what is the workflow to find the funding?