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Hey Bigger Pocket Family, So I have a question I'm looking to buy a property through the Court House auction in my neighborhood. Now I have enough cash to put down the deposit to secure the winning bid. But I don't ha...
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Hi,I'm wondering what other Maryland landlords do with their tenant's security deposits. I know it has to placed in an bank account within the state of Maryland. Do you open a savings account?Do you use an escrow ser...
I am setting up an LLC to buy rental property and one member of the LLC will be a new real estate agent. I have read conflicting information as to the requirements and limitations of a real estate agent being part of...
I've got a home up for rent (our first rental property) and several approved applicants (verified previous landlord, employment, credit check, background check, copy of driver's license, pay stubs,FB stalked, etc.)...
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I have opened another checking account at my bank. I have it linked to a couple of my savings account and plan to run all my rental business through just the new checking account. Im trying to find the best way to mov...
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Wondering what action I can take against a PM company that has not paid me my last month's rent on 8 properties and all deposits that they have for my properties. Is there a time limit before I can press action agains...
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Hi all,I own a townhouse in Bellingham, MA that I have rented for the past four years. Our tenants lease came up at the end of December and we are now under contract to sell at the end of January. The tenants left t...
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I recently let go my property manager and took over the management duties on a couple of my houses. I resigned the tenants and local law states that if tenants move out the landlord has to refund the deposit within 3...
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Hi all.
Forgive me if this is a bit convoluted. There's more.
My girlfriend just purchased a duplex in the Dallas area. When we originally looked at it the one tenant told us his roommate had recently moved out and...
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I was reading Blake Morris' post in this thread here:
https://www.biggerpockets.com/forums/52-rental-property-questions-landlording-issues/topics/106490-tenant-gives-deposit-to-hold-and-pay-first-months-re...