Question for the larger community - what is the convention on existing tenant security deposits when purchasing a turnkey rental property? Should they be passed to the buyer? Taken off total closing amount? Previous o...
Hello Everyone,
I'm excited to share that I've been on a journey to purchase my first house hack, and I've finally come across an intriguing property. The seller has proposed "Contract for Deed" financing, which appe...
Hello BiggerPockets Members! I am seeking some advice about an opportunity that just came to my attention, and I do not want to pass up on it granted I am thinking straight. In summary, I own a company, and thought ab...
Good afternoon fellow BP members! I finally got ahold of the laundry company and they are removing machines in two weeks. I wanted to reach out and find out if anyone have recently installed their own laundry machines...
Hi all,My cofounder and I are in an accelerator for a micro-investing/robo-advisor platform for real estate with a target market of US millennial and genZ non-accredited investors, i.e. “the Robinhood/Acorns/Bettermen...
hi My tenant vacated early (by middle of the month) but paid for full month rent, so i have 15 days of rent in my possession. There is a security deposit of 1month rent paid at beginning of the lease termAfter move ou...
I am in the process of buying two duplexes that will come with existing tenants. The rents are currently below the market rent... What is the best approach to make it a win / win and get the rents up? If at all pos...
I'm considering selling/offering my long term tenants a subject to deal on my property. Im so new to this strategy so I have questions that I couldn't seem to find answers to. How does the tax/insurance structure of ...
I just had a tenant move out recently. While I was doing a showing to a few new prospective tenants while the old tenants were still living in the house, everyone (including myself) had smelled cigarette smoke in the ...
We own two properties and (adjoined) two lots in a reasonably strong rental market outside of DC. We would like to sell the properties to new buyers but retain management of them (both are leased but due for rent incr...