Hello,In the past, when I get a lease signed, I also collect security deposit and first months rent, then take the property off the market. I've never had an issue with a tenant not moving in, but I assumed if that w...
I need your help again, you all have been great so far!
So I have tenants that haven’t signed a lease yet, but intend to in order to move in June 15. Three people who are friends, for a 3 bedroom house. Now they have...
I am almost done reading J Scott's The Book on Flipping Houses, and in it he mentions that you can't technically say you can make a cash offer unless you literally have the cash in your account ready to spend, and bro...
What would you do in this situation? I have a tenant who quietly moved out and moved across country and got a bad credit tenant to sublet in direct violation of his lease agreement. Now I have a guy living in the hou...
I have never been completely comfortable with the whole last months rent situation. My lease states that the security deposit cannot ever be applied towards rent. Well, it has finally happened and a tenant is trying...
Hi Guys,
I bought my first rental property on the 23rd and already have a tenant from out of state. They already passed the smartmove screening with A+, paid deposit and applications fees. My question is, whe...
Ive been running some numbers on some multi family deals and single families also. I was wondering, when do you guys decide if you should pay for the gas and electric bills when trying to adjust for a higher cashflow?...
I'm a landlord in Portland, OR. I have an interested tenant who has a small cat. Initially I was going to accept no pets on my property. But I think I will give in. How much do you charge extra per month for a cat?
Hey BiggerPockets.I have purchased a property and inherited some tenants. When I first walked the property and met them they did not have pets. In between then and the time to sign a new lease with me, they have acqui...
Good Morning BP,My business partner and I are in the process of purchasing a property. We are looking for advice on the best way to manage the shared down payment, for tax purposes. I'll try to outline the details as ...