Hello BP'ers. Quick easy question.I understand tenant security deposits go into an interest bearing checking account, my questions are:1. Does it matter if it's checking or savings? 2. If you have multiple tenants...
Hi, we are trying to do a 1031 exchange by selling our rental condo in exchange for a single family home rental. Our condo would be sold to an unrelated party. Our new single family home rental would be purchased from...
At what point does the SEC get involved when it comes to partnering? I hear sydicators mention SEC rules around their deals. But if I were to raise money for a sfr, or small multi family, could I not just form an LLC ...
Hello,After a long search and crazy market in the Greater Boston area, we are going to be first-time home buyers and landlords. We will be house-hacking a 2-unit multifamily property.As much as overwhelming it is, we ...
After having recently being burned by a tenant that didn't pay the last months rent I decided to raise my security deposits. Previously, I was charging one months rent amount. Now I am charging about $500-$600 over th...
- Lower property values- Everyone is mad- Board credibility is shot- Owners stop paying dues- The cycle repeats
I was at a meetup a few weeks ago and about 6-7 of us were sitting around a table talking about our investing experience.One of the gals was proud of the fact that she just got into her first deal. She was house hacki...
I put a tenant in my first rental property two months ago. Last month she paid the rent seven days late and this month she is ten days late and counting. (In Baltimore City there is a mandatory 10-day grace period and...
If you have a 3br & 3bth townhome and the new potential tenants are four friends who want to share the bedrooms, is there anything in violation if you rent it out to the four and let them share the rooms. Is there...
My first rental I put under an LLC with a partner, my second was conventional with my wife, the next one i'm working on with my LLC partner should be moving forward soon. I originally had anticipated putting the loan...