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Results (7419)
Carleton C. Can I keep portion of security deposit?
20 May 2020 | 3 replies

Backstory:

I moved out of my home, decided to rent it out, and hired a property manager. Property manager found 4 students to rent the home and they all signed one joint lease (each had co-signers as well).

...

Christy Osterkamp Difficulties with New LLC
25 July 2017 | 2 replies

Fellow BP members,In our first year as investors, we have purchased 5 small rental properties (turnkey), and officially became a LLC (husband and wife).Since opening our bank account in the name of the LLC, we have ru...

Tom Murray 1st eviction: Reimbursed for legal fees? Back rent? (SoCal)
28 July 2018 | 2 replies

Like @Brandon Turner said, it's not a matter of if, but when, you happen upon your first eviction.After closing on a 4-plex, just over a year ago, we quickly got local property management in place (we're a few hours a...

Corey Duran Can I have multiple LLCs operating out of one bank account?
14 March 2023 | 18 replies

With the help of an attorney and some responses here, I have come up with the game plan to have a business structure as follows:Trust (Top ownership that owns the management company)Management Company LLC (first actua...

Mason Blake How do investors often manage the flow of funds for cash flow
23 May 2021 | 2 replies

Very tactical question, here. I am curious what people are doing with the flow of funds from cash flowing rental properties. A few questions here:
Do you setup completely different bank accounts for collecting rents ...

Jonathan Parker Where to put rental income
5 January 2020 | 2 replies

Just starting out, and getting ready to start an LLC for property investments. My question is where to deposit rental income. What are the pros and cons of depositing that money into the LLC’s account vs a personal ac...

Janet Huang question about deposit charges from leasing agent
19 November 2018 | 5 replies

I am reviewing my property management agreement with my leasing agent. She will charge me 1/2 of 1 month's rent. In addition, the agreement said that "Agent shall collect and deposit all security and damage deposits f...

Luke J Nelsen Short Term Rental Security Deposit Advice?
17 May 2021 | 19 replies

Hey everybody! I have a cabin near Pigeon Forge under contract and am hoping to get some insights regarding security deposits for short term rentals. What do you typically hold for security deposit? I am using Your Po...

Cian R. Security Deposits for Last Month's Rent
11 August 2020 | 14 replies

Is it legal for a Tenant to insist on using their security deposit in lieu of their final rent payment? Any insight on this would be great. 

JAY SHETH LLC as Rental property Manager only to showcase as business income
17 January 2023 | 5 replies

Hello,I am rookie who is ready to make my first primary home as a rental property. I will be moving out of my primary home and make it rental house. The deed and mortgages are on our personal names. I have few questio...