Hi everyone. I just closed on a 23 unit mobile home park, almost all lot rentals. The previous owner did not require deposits. I'm trying to decide if I should require all tenants to provide a deposit equal to one mon...
Hey investors and lenders! I have a deal in my hands of 7 mobile homes all on separate .25 acre lots and all rented out to long term tenants.
Owner says rents are about $2-300 under what they could be but with the t...
Hello,What kind online software or services do you recommend using for tenants who want deposit the rent if they want to pay cash or transfer rent money to an account?
Hi BP Fam! What is the best form of collecting rent from long distance tenants? I've read so many posts and I'm hesitant about using my personal Paypal account to collect and have read various negative reviews regardi...
I have debated posting something on this forum for some time regarding our situation, and finally decided to move forward. My wife and I are in a horrific situation with a tenant, who we inherited when we bought our f...
Just listened to one of BP's podcasts and they talked about not co-mingling personal funds with property funds. What's the best way to keep everything organized and separate?Any thoughts would be greatly appreciated.
I recently spoke to an insurance salesman who told me that a judge can choose to not recognize your LLC if you do not have a business account in the LLC name that all your business activity flows through( for example ...
Wondering if my husband and I should ask for more than a one year lease for our duplex...both units are now occupied... for a 1 year lease...but should we ask for a 2 year lease instead?Thank youVictoria
Hey BP,Does anyone have any suggestions for setting up a banking account for an LLC? I'm not looking for bank names necessarily, but more of suggestions for things you wish you would have known or done when you start...
Hello my fellow members, as always I post my question with great hope that you help me with your insights.
We had tenants(4 girls) for a year who just moved out from our house in Kirkland(Washington state). We have...