Bryan Petrinec
QuickBooks and Security Deposit
I am looking for some guidance on managing security deposits, repairs, and return of the balance from a bookkeeping standpoint. This is the first time I am going through this and I want to make sure I am handling it ...
Chris Jackson
Hit new milestone - 4 closes in 4 weeks with 4 more in contract
Pretty excited to have our system working to the point where are closing 4 deals in a month with a pipeline looking like 4 more closes next month. These are single family rentals.We also closed on a 12 unit earlier th...
Roy Gutierrez
Detroit bans Airbnb unexpectedly
This comes as a big surprise, of any city in Michigan where I thought Airbnb was there to stay, Detroit was it! I still think this could very well change. Any Detroit hosts care to comment? https://www.freep.com/story...
Pawel N.
Damage bigger than security deposit?
What's the best way to deal with damage to the house which exceeds the security deposit? Do I send the tenants the bill for the damage? What should I do if there are two unrelated tenants?
Kyle J.
Taking a tenant to small claims court (Part 1)
The question always seems to come up among landlords, "Should I take a tenant to court for (fill in the blank) or because they left owing me $ for (fill in the blank)?" Generally, I say it depends on the amount, how ...
Josh Edelman
Las Vegas Market Recap for June + News!
Good morning! Happy Thursday, here are some updates from the month of June! 🏠📈 Real Estate Update 📉🏠Here's the latest real estate market report for June 2023 (single family homes) 📊:💰 Median Sales Price 🔼: $450,000 (...
Matt Knobloch
Security deposit return
I’m in Pennsylvania. My prior tenant is threatening to take me to small claims court over my retaining part of his security deposit. I have a couple questions. Is a text message considered written notice?Do I need to ...
Ron Robin
First Eviction
I guess I made a few mistakes my first time out. I did not take the full deposit the first month. The tenet said they would pay it by second month, well no deposit but the full month rent. So i took the rent and ap...
Account Closed
Private Lending Basics
Good Afternoon fellow BiggerPockets members!I recently received an amazing opportunity to become a private lender in a flip in my neighborhood. I've done some basic underwriting and the deal looks solid. That being sa...
Kyle Thompson
First Deal Nerves/Anxiety...
Hello all, I am 24y/o old entrepreneur in the process of closing my first deal. It has been a goal of mine for awhile now, but shit didn't get real until my offer was accepted. Then all these never before thoughts sta...