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Hello All,Just a general question for the self-managing landlords out there: I am trying to find out what the general consensus is about this. What is the maximum time you allow for payment of security and 1st month...
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How are you handling tenants who cant pay the next few months?
ForgivenessPayment Plans Tapping into Security depositsOther?
Which route are you taking and why?
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My tenant for the past few months will be leaving in 2 months and I already have his last month's rent but he is also trying to use the security deposit (which is equal to a months rent) as the 2nd the last month's re...
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Hello All,In January I took control of my first multifamily in Worcester, MA. The tenants I inherited are all TAW, but have agreed to sign onto a fixed 1-year lease beginning in June'22. They came with a mixed history...
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I have a potential tenant looking to give me the security deposit several weeks b4 moving in. Basically a deposit to hold. Makes enough income and application looks good. Just curious if anyone has done this before? T...
I am considering providing the 25% downpayment for a deal that I will own 50-50 with a partner. Lets say that purchase cost is $100k. I will provide $25k and the bank will finance $75k. Can I record the title so that ...
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Hi. My tenant is moving out and is 2 months behind in their rent payments. Can I take the security deposit and pet deposit and use them toward paying off her outstanding balance after making any deductions from the se...
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So I just accepted someone for a unit in my duplex and are having them provide certified funds for the security deposit and 1st month rent. I will then use Cozy for their regular rent payments. I then got to thinking ...
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Have in interesting scenario. Put the property on the market for rental, did an open house, found some renters that we liked. Took it off market. They submitted their security deposit, but have not signed the renta...
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I'm trying to get financing lined up before I find a deal. I want to do a seller financed deal that allows me to put less down, but I still have to come out of pocket the rest of the down payment and construction cost...