Mike Koscielak
What to do with money while saving for a downpayment?
I'm brand new to this forum and I'm amazed at how supportive this community is of one another. I'm about 100 podcasts in on both Bigger Pockets podcasts and the How to Money podcast combined, plowed my way through the...
Watson Hilaire
Pay as you go security deposit
Has anyone allowed tenant to put down low security deposit and pay as you go to the full amount? For example security deposit $1000 they put down $200 and pay extra $100 a month towards security deposit.
Would like t...
Matt Z.
Rental Property Insurance + Security Deposit Accounts
Hi All,Been a landlord for a few years in CT, but am curious as to what others are doing concerning 2 items:1) Insurance for non-owner-occupied Multi-Family properties.I recently switched a 2-family that I used to par...
Karla Kahmeyer
# of Bank accounts for each property
Hello BP Pros. Newbie with first post here. How many types of bank accounts do you use for the actual property management/bookkeeping activities? Do you have a checking account, a separate account for Capex etc, and a...
Megan Barron
Current interest rates
Interest rates are looking very good right now. I found a really good rate of 3.375 for a 30 year fixed at Sterling Bank and Trust.Has anyone ever worked with them before? I visited a location and it seemed very cheap...
Christian Podedworny
How to convince seller with owner financing ?
I am trying to find a strategy that would persuade a multi family home owner to sell thier property through owner financing which would make them say YES!!In most scenarios sellers want security through a large dow...
Harrison Wolpoe
SFR Lenders / Valuation
Hey BP,My business partner and I have purchased a couple of SFR in the 40-60K range for cash, and are looking at ways to recoup our capital. We have reached out to a few lenders but it is hard to find debt other than ...
Aaron S.
Trying to dig myself out of a little hole; advice requested
33, salary 95k, MCOL area. $4,000 in credit card debt and I pay $400/mo child support. Other income is ~$300 in disability income and ~$250 from teaching Brazilian Jiu-Jitsu on the side.live with girlfriend who makes ...
Kiet Tran
Rent: First months, last months, & security deposit
Is charging first months rent, last months rent, and security deposit overkill? I have screened tenants that have a 650+ credit score but am deciding whether or not just first months rent, and security deposit is acce...
Jessica Everitt
Property Manager won't pay back security deposit
I recently fired my pm and requested that he forward the security deposit to me. He has not complied with my request. Neither the Residential Leasing and Property Management Agreement nor the Residential Lease Agree...