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Results (7415)
Mary Jay Proper way to do distributions
21 May 2020 | 17 replies

Hey guys, what are the proper way to do distributions?Lets say I have 5 rentals, the money comes to my property management company, then property management company does a distribution to me... 1) Should I do it via c...

Jeff C. Lease with option to purchase agreement
30 December 2015 | 1 reply

Hi all,I have a potential seller interested in doing a rent to own agreement. I plan on wholesaling this to another buyer. Is anyone willing to share a sample of a contract that they use for this type of agreement? Al...

Tu Le Closing in 30 days. Cash deal . No money in the bank!
1 November 2017 | 7 replies

Hi I just won a bid on a house. I have cash but what is the best options for me to put it all in the bank without having issue with irs or bank regulation.

Bo Tully Security Deposit Trust Account in Washington State
31 October 2022 | 2 replies

Hi all,I recently picked up my first single family home rental property in Washington State. I have a question regarding the account needed for holding a security deposit. The state of Washington requires security dep...

Andy Levin Managing Bank Accounts For LLCs
27 August 2020 | 1 reply

Hey Folks,Curious to know how those of you with LLCs manage your bank account(s). Do you have a business checking account where rent gets deposited and a separate savings account where you hold the security deposit? W...

Shweta Patel Purchasing a park- question about deposits on RTO contracts
25 June 2019 | 9 replies

Hi guys,I am looking into my next park deal. The current owner is transitioning the POH's into RTO's and has 4 already in place. My question is- wouldnt the deposit's currently held by the owner on these contracts tra...

Michael M. General Escrow Question
1 September 2013 | 5 replies

BP,

I'm nearing the date of when I'll be leasing out my property, and brushing up and finalizing my To-Do-List. In the state of NJ, the tenant's security deposit must be deposited in either:

1) Shares o...

Cade Antonucci What do you use for security deposit set ups?
6 February 2025 | 7 replies

I am starting to grow my rental portfolio and am looking for online alternatives to hold security deposits. I currently use Wells Fargo and it’s a pain in the butt to keep going there in person and setting up a securi...

Account Closed Damage and repair list for renters
12 February 2017 | 4 replies

Does anyone have a damage and repair price list for student renters? I rent out in Boston and don't have enough experience to price out a list of things. I'd like to compare or at least see what most people price out...

Ryan Chorbagian Inherited Tenants and Chicago Security Deposit
14 January 2015 | 6 replies

Hello everyone.  I'm closing on my first investment property in two weeks.  Thanks for all the help leading up to this.  Question:  I'm inheriting tenants in one of the units of the building.  The seller has offered t...