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Is there any literature on transferring tenants between landlords? I'm negotiating on a property currently and one of the units has an active tenant, and I'm wondering about how to transfer the money that is staying w...
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As I move toward acquiring my third property, I realize that I really need to start separating my finances. I plan on opening a separate account for my two rental properties. Do any of you have advice about what banks...
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I'm renting my first property in RI, my previous experience has been in MA. I typically charge 1st, last and security for a new tenant.
I was told that was not allowed in RI- anyone have experience with this...
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Hi Biggerpockets community!!! I have a question. I got a vacant apartment , and I recently found a handyman, that does work here and there. He is interested in renting it, and moving in with his mother and fiancée, ho...
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Hello BP!
For all the landlords out there, do you guys require a deposit or just charge a move in fee? And what amount do you charge?
Thanks!
Victor
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This is a very odd post. A "friend" of mine purchased a property with a 5% residential loan. The buyers broker told him that there were tenants in the property but would be out within two weeks after closing. The buye...
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They're concerned (understandly) about renting from someone who could go into foreclosure in the future, leaving them high and dry.
I tried to reasurre them that I just bought the property this ye...
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Hi guys, what/how would you guys reccomend as a way to collect rent payments on your first property that you will be house hacking?
Staying somewhat anonymous or automated seems ideal but literally collecting a pape...
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I'm currently looking at the best way to handle managing properties. I currently use Buildium and quickbooks four about 25 units, but recently I've put these properties into their own llc's for protection and ease o...
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How does it work to have tenants deposit directly into your bank account? Do you just give them your account number? Isn't that dangerous? I've never heard of this and would like to understand the mechanics.
TIA
Trina