Alaxic Smith
How do you verify income?
Hello!
I'm a software engineer working on a tool that allows landlords to connect to the bank accounts of potential tenants to verify their income, employment, previous addresses, and their identity. I'm making a po...
Brodie J Meaux
Questions about number of LLC’s
Is it best to make an LLC for each rental, or single family dwelling I plan to own. Or better to have one LLC for all of my rentals I plan on owning.
Richard Duane McClellan
Closing Thursday, underwriter denying loan
Hi Bigger Pockets,I ran into a problem yesterday with my first investment property that I am trying to purchase and I need some advice.Situation:The underwriter for my conventional loan is denying the loan based on th...
Chad George
Seller Financing & Sub to financing
If anyone is willing to provide some insight on how to execute either of these strategies it would be greatly appreciated. What contracts do I need? 3rd party note servicers? What are all the steps to protect me and t...
Paul T.
Avoiding CA’s New Security Deposit Limitations (AB12)
Nothing herein is legal advice.
Effective July 1, 2024, California Civil Code section 1950.5 generally prohibits a landlord from collecting more than one month’s rent as security deposit, whether the rental is furn...
Jonathan Leake
Should I Require Renter's Insurance?
Hello,
I was thinking about requiring renter's insurance as part of my lease. But now that I am looking over the lease documents and there is this section already in there: "All personal property placed in the leased...
Jacob Munson
Benefits of an LLC when starting out
Hi! I plan on moving to Denver in the coming years and plan on turning my current residence (2B1B condo in San Diego) into a rental property. I have someone local to help me manage the property but I was curious about...
Adam Alonso
When/how to go from homeowner to business owner?
In the sense that right now I own my house under my own name and would like to buy another house. If I start an llc, how do I move those houses from something I own to something the business owns? Should I even both...
Brandon Weis
How to Ensure Tenants Get Renter's Insurance
We have historically had in our leases that renter's insurance is required, but we had been lax on enforcing it because owners didn't really care and not all tenants had it. We are now beginning to crack down more as ...
Crystal Roberts
Upfront Rent Payments
I am considering renting to a couple wanting to rent because they are in the process of selling their own home. I have already gone through the credit, income, and background check process. The couple has decent (not ...