Michael Chong
CA increasing security deposit from $0
Hello All!New to investment properties, recently bought a 8-unit multifamily. There are two tenants with $0 Security Deposit and I have questions on how to collect the full amount equal to the rent. The tenant was a p...
Stephen E.
First and last - when?
I am leasing a unit at the moment and it causes me to think about leasing practices. I usually ask for first and last month's rent at lease signing, which can be anywhere from a week to a month before move in date. So...
Lee V.
Do you charge deposit and first months rent at move in?
Hi all,
When someone moves in do you charge deposit plus first months rent? Or just deposit? What other fees should I be charging?
Gurkaran Grewal
US Court Rejects DocuSign E-Signatures as method to provide Digit
An interesting case rose in the state of California this year regarding a bankruptcy lawyer who utilized DocuSign for many official legal documents. Paul Bains, the lawyer who leveraged DocuSign for bankruptcy petiti...
Roberto Marin
PRIVATE LENDER NEGOTIATION
Hi BP Nation
Right now I'm structuring my presentation to negotiate with private lenders some of them friends and overseas costumers.
How the process work?
How do I guarantee secure funds during t...
Alejandro Moreno
trying to build credit
Hey BP fam, i currently have a self loan through my own personal bank to help establish some credit now should i wait till its paid off to get a secured credit or should i get one already and also should i get another...
Kaja Nunez
Signing a lease ahead of move in
I have a new tenant for my rental property and will be signing the lease with him soon. The move in date is not for another 2 months. My advertisement stated that first and security is due at signing. Is this appropri...
John Michael
Use a HELOC just for down payment or purchase in full?
Happy Monday all,We are looking to start our first BRRRR and have a HELOC for $195k. It appears that our choices to purchase our first property are the following:1. Use the HELOC to purchase a property outright in ca...
Murali Jesudoss
Security Deposit Account in FL
Hello BPers,2021 has been an amazing learning year for me. Started out in Jan got my first property in Mar and end of the year, I have close to 20 properties under 4 different LLCs :-) I moved to FL recently and it al...
Kraig Krueger
Deposit and first month's rent one month prior to move in?
I'm renting out my second property, and have a qualified tenant that is ready to sign a lease. They won't be moving in for a month. Their lease will start in June. I was planning to collect the security deposit whe...