Francisco Sanchez
Title Company mis-sent funds to wrong person 😳
My title company in NWI has two files of mine and mistakenly sent two draws to the wrong person. The person they sent the money to already spent it and says they will pay it back but keeps missing the deadline. The ti...
Ryan Pearlman
Need help with an investor and a cash purchase
 If someone lends me $300,000 to purchase a property in cash, is it as simple as them just sending me the cash and me sending it back when the loan from the bank comes in ?In this specific deal, someone was going to s...
Chris Licavoli
IRS Reporting for Private Money Interest Earned
I am happy to announce that I have just completed my first flip project using private money. The project was successful and the investor received a check at closing for his principal plus interest. He was extremely ...
Jack B.
Use a return address when returning deposit to sketchy tenant?
I'm sending it via certified mail, and of course not going to put my home address on it. I could use my PO BOX, which seems harmless enough, or the address for the rental which they got kicked out of? I think either o...
Daniel F. Harb
BP Members Beware! Careful Of Scammers Emailing You Snake~Oil!!!
BiggerPockets members be on your guard against those who would try to rip you off and scam you out of money or otherwise!!Now that BP is almost 1 Million strong, there are "Con~Artists" who would prey on the unaware t...
Jonathan Goering
Out of country renters
We have a gentleman that is coming from Finland to do some medical research for a year and bringing his wife and perhaps family. They are having their trustee send us our security deposit and signing lease upon arriv...
Gigi Smith
Tenant wants security deposit back after 2 months
Hi everyone,
AÂ few months ago I finally got a problem tenant out (lease expired) and I sent a list of itemized deductions from her security deposit and a check to the address she texted me. It got really nasty after ...
Bill Coleman
Need a service for tenants to pay rent electronically
I am looking for a reliable and inexpensive service that allows tenants to have rent automatically paid directly from their bank account monthly. Does anyone use a service like that? I've had Intuit recommended but it...
Tony Barwick
Title says they can't send me the reno budget at closing. Help!
I'm closing on my first BRRRR property on Monday. My private lender was going to wire the purchase cost and renovation budget to the title company, and I was told that title would send me my renovation budget at closi...
Autumn Alexander
Is this lender scamming me?
So it's my first time getting a loan of any kind. And I want to make sure no one is trying to take advantage of me or scam me. I met a private lender on LinkedIn. We exchanged drivers license and he shared his Article...