Eseta Matasau
Earnest money/Closing cost questions
1)How much is generally required for earnest money? Is there a state standard percentage of how much money is needed for EMD? (I live in CA, btw.) or is it just negotiable?2) Can you use a credit card to pay for the e...
Shawn Mcadam
advice on a mobile home stragedy
so I have this mobile home deal that I'm getting for 12,000. It is split into 4 rooms 2 finished and 2 unfinished. I am borrowing 5,000 and paying 1,000 a month until I pay of. I plan on renting out all 4 rooms 150 a ...
Chris Carpenter
tip for first investment...
Question for any of the experts out there...I'm looking to get in the real estate game in the next 12-18 moths. if one had $70-100k, would it be better to buy a small property with cash and rent it out monthly or put ...
John Underwood
Real Estate Professional no W-2 and IRA contributions
I have no W-2 job, can I still contribute to my E*TRADE Roth IRA accountSituation:I self-manage my LTR portfolioI self-manage my STR property that is an hour away.I buy tax liens at auction every year.I have flipped a...
Anthony Gayden
Legally Speaking, What is Considered Property Management?
What services could a person provide that would not be considered acting as a property manager? I was trying to think of property services for landlords that would not require a person to be a licensed realtor.
Tarcizio Goncalves
First time listing an apartment for rent
Hi BP community, I wanted to get some help with 5 questions I had regarding listing my apartment. First question:I am listing my rental apartment for the first time. I bought the landlord forms for my state on BP and ...
Manoj N.
One tenant wants to moveout
I leased my single family home in Colorado to three ladies. They signed a joint and several lease on Oct 1st. One person wants to move out before the lease ends citing differences with others. She is looking for a rep...
Deanna S.
Property Ins. in Cleveland area does not cover burst pipes?
Hi, BP. We were just told by an insurance agent yesterday that property insurance for rentals does not cover burst pipes due to freezing in Cleveland area. Would appreciate input on that. That was new to us. Than...
John Mack
Request to review lease before viewing or applying
Do you allow a potential renter to review lease before viewing or submitting an application?
Quincy Amekuedi
Evaluating/Handling a 5 Year Rental Agreement in Ohio
As it turns out, a tenant in a property I have under contract is NOT on a month-to-month agreement. Instead, they are 2 years into a 5 year lease (2021-2026), signed with the owner prior to the current one that is sel...