I've posted a few articles below which outline the new and most restrictive ("progressive") rental laws in the country, which limit the size of security deposits, non-refundable deposits, and requires giving tenants a...
Hi all,I am a newbie landlord that needs some help. A young couple screened successfully and I am interested in moving forward with the process with them. They'll only be able to move in on March 24. My questions:1. S...
Just looking into Cozy. it seems to be a interesting concept and may be useful with he right clientele how ever I have a couple questions I couldn't find answers to on their site.If you have a tenet who is late on ren...
Hello! My realtor recently told me that it is illegal to use a tenant's security deposit to pay unpaid rent. He says the security deposit is only supposed to be used to pay for damages to the property. Is this true?...
So I bought a triplex recently, fully rented. I stopped today to check on the property and coordinate a utility inspection with one of the tenants. Looked in the window, unit is empty. Electric has been turned off. Te...
I am looking to buy 3 cash flow positive properties over the course of the next 2-3 years for retirement.
I own a house that has a good bit of equity, so I wanted to try to use that to get these properties, but need...
Hi all, Wanting some advise on a situation my company is currently dealing with.We purchased a 70+ property portfolio in Houston in the year 2022. After closing, we discovered that for about 5-6 of the properties, ten...
Hi,
We have 4 options we're faced with right now. Would love to hear some opinions on which one makes the most sense based on other’s experiences. The longer we wait to decide with rising interest rates, the less o...
I have a house I'm willing to sell for only $5,000 down (Selling price is $135k), with balance due in 3 yearsOther than offering a lease with purchase option at the end of 3 years, is there any way to protect myself...
Hey BP folks! Curious about potentially investing some of our tenant security deposits in CD's. Was thinking of taking about half of the deposits we currently have and doing some short term (12-24 month) CD's as a rev...