Hello,
I recieved an email today from one of my tenants saying...
“My daughter's father in law recently asked me if I had your social security number for tax purposes since his construction company wrote you the se...
Hey guys need some more insight I just received my tenants security deposit is there any banks out there that won't charge a fee for having a tenant-landlord account I know Bank Of America charges and that's my main b...
When making offers on REO properties, is it necessary to put a deposit down when making an offer?One strategy I have seen with investing is investors who make "low ball" offers on hundreds of properties. Do they incl...
Hey BPI was talking with a fellow commercial RE developer and he was telling me about tying up properties (mostly land) with LOIs and not putting down deposits. It is understood that you can structure a LOI where you ...
Hello, I am in NJ and own a condo rental. Had a terrible tenant for a year that finally moved out. Chronic late payments, bounced checks etc. however ultimately I was made whole and got rent for each month. Prior to l...
Hi BP,Quick question, if you purchase a rental property and inherit 2 tenants, how is the security deposit handled? Is the seller responsible for transferring the security deposit to the buyer or is the buyer now lia...
Hi everyone,
I am a new investor and just recently bought my first investment property in St. Louis and have now approved a renter and am getting close to signing the lease. However I have received a lot of applicant...
From previous experience in east, it is common (almost standard) that a renter pays security deposit, last month and the first month (upon moving), at contract. Please can anybody tell me if this is the norm arou...
Hello All. I've searched BP for answer to my questions, but was unable to find anything specific. I've been reading up on security deposits recently in response to renting my first property. My questions are:1) Do ...
Hey guys!
Quick question, I'm a wholesaler and have just started tapping into distress properties on the MLS. My question is I'm using a 3k earnest money for a deposit, if i decided not to move foward for whatever r...