I am finally getting closer to finally renting out my duplex. After finally selecting an applicant Who was supposed to move in Nov, 1,2018 they have said they haven't put in their 30 day notice yet so can not move in ...

We opened escrow in May this year and after an uphill battle with paperwork we finally received notice from the title office of the closing date.
The buyer, after promising he has the funds in the bank, decided to sta...

Hi. I live in California, and I recently purchased a rental property in Florida. As far as I understand, Florida law requires to hold a security deposit and advance rent on separate accounts in a "Florida banking inst...

Hi guys, Newbie here looking for guidance to do this right since there is so much info out there... I bought a condo as a primary residence, lived in it for the 12 months required by the mortgage company, and now have...

I looking to purchase a 2 flat in the chicago area and be a live in owner. It's an off market deal through a wholesaler. One of the requirements is a $10k non refundable earnest money deposit. Like all deals the selle...

Hello Everyone! I am looking for advise .We want to move away from security deposits and charge only Move-In Fee. Besides comprehensive lease agreements outlining the tenant’s property maintenance and damage preventio...

Most purchase and sale contracts include a deposit clause. As a wholesaler is there a need to make a deposit? Should you, as good faith? Or can you avoid it by being upfront with a seller about your position?

Hey Guys,I am glad to be a part of Bigger Pockets, seems like a great entryway to getting started and becoming more financially free.  I am a real estate agent in the Washington DC/Bethesda, MD areas and am starting t...

Rookie property manager here1) How do you set up a reserve account for repairs needed regarding owners property?2) Also, do you advise your owners to pay a certain percentage into the reserve account from the grocery ...

Hello BP.I would like to know how do you set up your bank account for rental, specifically for efficiency.Here is how mine is set up, and any feed back or tip is welcome:Three accounts1. Trust account for security dep...