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I have two multi-family rental properties and will soon have three. My goal is to buy one every six month. With each property the burden to manage and collect rents is growing and with a full time job I can see it get...
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Hello all,I finally finished the rehab on my first deal and put it up for rent yesterday. My question is I have a lady that is recently divorced and has bad credit that wants to rent my house. She has a steady job (wo...
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Recently purchase an 8 plex, the old owner seems like he isn’t handing over the tenants deposits. Should I ask for a new deposit from the tenants?
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for the landlords who have hired property management companies, who holds the security deposits? I just recently hired a company and the owner wants me to transfer security deposit funds to her escrow acc. I told her ...
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Hi. New to BP and wanted to get advice/ feedback about ethical property management behavior. We've been renting a home for about 4 years and had to evict the last set of tenants. The details make me sick. Basically...
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And if it's not required, what % of the time would you say that you do give an earnest money deposit?
Also, can I have a provision on my contract that says "If left blank, then no earnest money is due" or something t...
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Question for all you knowledgeable & helpful lenders out there!
Over the years, I have a semi-substantial sum of cash saved that I’ve been storing in a safe. Now that I’m looking into purchasing an investment pr...
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Does anyone out there have their tenants go to your bank with their rent check payable to you, fill out the deposit slip, and hand it to the cashier as a way of paying the rent?
I had previously always had th...
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ok so this gets messy. I'm in the middle of a divorce, my original rental management company was my soon to be ex wifes father figure. (no relation via marriage or blood). I fired him before the tenants moved in. Howe...
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So upon going under contract for the building the tenants were paying rent per the seller. Upon final walk through found out 1 tenant was applying for rental assistance, this tenant never had a security deposit but t...