Looking for guidance about setting up direct bookings for guests outside of platforms like Airbnb, VRBO for both guests and myself as the host to avoid the fees.  How do you go about vetting inquiries to ensure it’s t...

Hey BP,

I am working on assigning a contract. Do any of you professional wholesalers require proof of funds or commitment from a Hard money / private money lender before assigning the contract?

There's a scenario where a borrower would like to pay upfront for 6 monthly P&I payments. Are there any legalities or statues to consider? I was thinking one could setup a separate bank account, deposit the upfron...

Standard practice seems to be a fixed deposit amount per unit, regardless of the number of tenants. While there are other factors and exceptions, more people generally can cause more damage than fewer people. I always...

I keep getting these people who want and qualify for an apartment but can't move in until 2 weeks from now or whatever. I collect the nonrefundable retainer of $250 (half of deposit), and then at the last minute they ...

Hello, I am new to Bigger Pockets but I've been a landlord in CT for over 25 years.Over the last 2 years I have required (on my lease) that my tenants pay via direct deposit into my bank account. I have never had a la...

How are landlords in SF handling the security deposit law that requires them to pay interest to residents on their deposits? According to the SF Rent Board, the interest rate owed on deposits for the period from March...

I need to open an escrow account to keep my tenants' security deposit. So far I have stopped by 2 different banks to inquire about escrow account, both of which told me that I could just set up a checking account for ...

My wife and I are being sued in small claims court by our previous tenant for the return of their full security deposit plus travel costs for the tenant to appear in court. The renters left the house in complete disre...

How much of a deposit/percentage is "customary" to give a contractor to rehab a house?Or do you not give deposits at all? I have a Scope of Work, a Contractor Agreement with spelled out draws and project end date with...