Larry Wilson
Deciding between me paying for water or tenant paying
I recently purchased a ten unit in Indy. I’m in the first stages of renovations and trying to decide if I should add a water meter bank, where tenants pay their on water or use one meter and charge more for rent? What...
Jack Forester
Where to credit seller paid closing costs (I'm the purchaser)
Okay, I bought a new rental property and had the seller pay 2% of closing costs (max allowed by my lender). Under the new Closing Disclosure form (no longer the HUD form), it shows nothing specifically paid by the se...
Jenny Lian
wording for security reconciliation document
Hi Guys,I never wrote a letter for this purpose before, please advise if this letter is appropriate. The context is the tenant caused a lot of damage to the property and I am keeping all the security deposit towards r...
Andres Bernal
Driveway increases cash flow?
Hi guys,
Im planning to build a driveway in my triplex here in Connecticut, there's plenty space and I have all the permits to do it.
Now, the topic it's on how much would you charge per space, or would you include...
Jeremy H.
Calculating the "Cleaning Fee"
How do you personally calculate the cleaning fees?I've been running into this lately in my STR analysis. I have talked to PMs in the area and am told the "cleaning fee is a pass through cost" - I understand that the g...
Douglas White
First Rental, overwhelmed
Hey BP So I bought my first rental investment property. I closed on it about three weeks ago and I just finished my rehab phase. I put it for rent last night already have had about 15 some acquires and now I’m getting...
Joe P.
Initial Rent & Deposit?
Hi all,I just purchased a property in Gloucester City; its a duplex with one unit rented, and another vacant. I've been trying to get tenants in with not much luck so far, and I had one prospective tenant say that my ...
Sarah M. Armstrong
California Small Claims Court and 21 day security deposit rule
I am preparing to go to small claims court on Wednesday for a dispute with my landlord. I moved out of an apartment after 6 years on September 15, 2018. My security deposit was $1150 ($800 regular and $350 pet). In my...
Chris Nare
First Rental Closed
On Friday, we began our REI journey. We closed on our first property that our agent found off-market. It is a 2 BR, 2.5 BA, one car garage condo in Fairfield, OH. We got it below market and need to spend about $15K to...
Scott S.
SEC Charges "Cash Flow King" Podcast Host Matthew Motil with $11 Million Ponzi Scheme
Press Release
SEC Charges Cash Flow King Podcast Host with Perpetrating $11 Million Ponzi Scheme
FOR IMMEDIATE RELEASE2023-196
Washington D.C., Sept. 25, 2023 —
The Securities and Exchange Commission today charg...