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Hi BP forums, We have a house that we are renting as an MTR. Going well so far and I'm honing in our processes. We do collect a security deposit and a cleaning fee. Unless something is trashed or missing I am assuming...
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I have done a search in here and in Google to learn the Michigan rules on placing my tenant’s security deposit in a bank without results. I am a sole proprietor at this point. Can I just put it in my personal mone...
I am new to investing and became a investor by renting my own condo in Boston. I have a property in Boston and My tenant had renewed his lease and then broke within a month of renewal. He had rented the Condo on June ...
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I am purchasing properties with hard money, then refinancing. I have used hard money companies, but now my family and friends are interested. I have no problem with this, as long as it is in a contract. I need ideas...
Looking for advice on COLLECTING REPAIR COSTS from the tenant that are incurred DURING the tenancy. Something I can put into the lease terms? Our past tenant caused some damage that needed repair during her lease. It ...
I have 5 tenants that are on a joint lease schedule to move in on August 1st. One has not paid yet. How do I handle this situation? So far I've told them that no one can move in until rent has been paid.More backgroun...
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Bill Gulley Someone was asking me a question on their home. The Seller is carrying back a note secured by a 2nd deed of trust. The agreement they have is that there are to be no payments on the note, and the buye...
Although I have been a landlord for many years, I do have a question, A tenant is suing for a security deposit. The property is deeded to an LLC but the tenant made all checks from 2016-2022 including 1st, including t...
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My husband and I are considering accepting Section 8 again at a few select properties. We originally decided to no longer accept Section 8 because of damage at properties that we purchased with Section 8 tenants inhe...
The "Housing for All" legislative package containing 3 ordinances affecting rental housing providers was passed by city council: Ordinance 0494-2021: Landlords cannot discriminate on housing vouchers, the rent vouche...