How do people handle deposits when a tenant leave behind a dirty unit when they move out? Do you withhold anything for cleaning, or just figure it's part of turnover? If you do withhold some of the deposit, how do you...
Good Morning BP,I have a question about pooling money borrowed from private lenders.In my example, a real estate investor has 5 individuals who are going to lend 10k each for a total of 50k. How would the borrower ex...
Hello all. Currently I'm involved in a land contract with 11 single family homes and one duplex. The total purchase price is $720,000 which is $60k per property. The homes are rented out and located in Cleveland Heigh...
We are looking into buying a property where the seller would help us with the downpayment. In banking terms I think it is known as seller carry back 2nd. Not all lenders are willing to have the downpayment financed....
Previously, California landlords could collect a security deposit of up to 2x the rent for an unfinished apartment or 3x for a furnished unit. Under the new law, they will be restricted to collecting no more than 1x ...
I just heard about Obligo.com Does anyone have any experience with this, as either a landlord or a renter?
Those of you here since a while have read my rants about Airbnb practically not having any security deposit, and how this has been abused by some irresponsible guests. I believe (and my 4 years STR experience supports...
We recently bought a 8-plex and the transfer was a mess. This was partially due to our inexperience and a landlord that was way too loose in my opinion.Before I explain here's my question:Should I contact the previous...
Aside from total cost for a condo in a certain location, does condo maintenance fees also begin to climb higher when getting closer to main cities?
I acquired a duplex about 7 years ago after my mother passed via an executor’s deed. I am not on the security deed. Both units have identical floor plans. The property interest rate is 4%. I owe approx. $82K with a ...