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Results (10000)
Bob Asad How do you prevent co-mingling of funds?
7 January 2025 | 24 replies

If I have 2 rental properties and charging 1st, last, and security; can I take the last and security for both places (combined) and put them into a Bank of America savings account?In other words, I already have a chec...

Account Closed Good Faith Deposit, Negotiating from a Position of Strength
23 February 2018 | 7 replies

                                     Negotiate from a Position of StrengthThe old “Poor Mouthing the Offer” which some buyer agents still recommend is an outdated & flawed strategy, especiallyin a seller’s market....

Heidi Rogers Warning about Electronic Rent Collection
17 June 2013 | 10 replies

I haven't seen any negatives mentioned about having tenants drop off rent payments at the bank, but here's something to think about. My uncle set up a Deposit Only account at Wells Fargo authorizing a real estate clie...

Paul Chen Conditional nonrefundable deposit
16 April 2008 | 2 replies

Am I legally able to take a conditional nonrefundable deposit from a section 8 tenant to prevent her from renting some place else other then mine during/after her end part of section 8 paperwork processing stage (prov...

Ian Forde Wholesaling in NYC (Brooklyn)
2 January 2020 | 5 replies

Hi everyone!
I started a company in Brooklyn, NY in order to do wholesale deals on residential properties. After speaking to various lawyers, I was told that sellers will expect me to put anywhere from 5-10% down on...

Dilini Peiris Last month of lease, late on rent
12 March 2022 | 5 replies

So this tenant who is always late on rent has come to the end of the lease term. It wnds in a month and they have given notice that they will moving on.  Thank God. Bot....they are late on this last month too.!!! Not ...

Jordan Tebbs 3rd Party for Deposit??
1 December 2019 | 3 replies

Looking at a property for sale by owner as my first deal and waiting for approval on my financing.  Based on discussions with the financier I am confident that the loan will come through but buyer received a slightly ...

Kristopher Kelly Need to open a "Security Deposit Account" with being out of state
13 January 2022 | 3 replies

Hello BP Fam,I am hitting the forums today with a question due to talking to my bank today. In the state of Delaware, the security deposit must be held in a "security deposit account". My question is do any out-of-sta...

K C NewB in CA
28 June 2008 | 15 replies

Hello. I've been reading these forums for a few days now and have realized that the best way to get started in investing is to surround myself with people that already know a lot about it. I hold a real estate license...

Ryan Keenan Security deposit. Did I do the right thing?
5 November 2018 | 13 replies

Hello BP,
I had a problem tenant who always paid late and whom I had to evict. In the lease it says she is responsible for any lawyer fees in the case I have to sue or evict her. I did take out the 550.00 to evict her...