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Negotiate from a Position of StrengthThe old “Poor Mouthing the Offer” which some buyer agents still recommend is an outdated & flawed strategy, especiallyin a seller’s market....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