Is there a way to turn a non-secured loan from a family member into a secured loan that a mortgage lender would allowed to be used towards downpayment on a rental?
How do you handle security deposits? I know that they are placed in a seperate account, but I am wondering how to account for non-refundable pet fees? Can I treat this as income and move it to my day-to-day checking...
Hi, I’m coming to SLU this fall for my master's and am landing on the 20th of July. I wanted to secure a place beforehand and I found a place on Facebook Marketplace. I signed the lease and paid 3 months' advance rent...
HiMy current tenant (my first) is moving out after the lease ends in two months. They are great tenants and moving out because they bought a house and notified me well in advance. They are also ok in letting me show ...
Hey BP Community! I am planning on visiting my local courthouse foreclosure sales this upcoming week to learn how the whole process works. For those that have purchased properties this way, I would love to hear your...
Hello BiggerPockets members,
I got my first unit recently rented out in Nashua New Hampshire and I am dipping my toes into real estate investing. I got a tenant who is now paying his next month's rent too early. He ...
So I have an applicant who says she will pay 8 months rent upfront to get the house. It sounds a bit of like overcompensation to me. Is it a normal thing, and what is usually the reason tenants want to do this?
I showed a rental today to a possible tenant, who for all intents and purposes, checked all the boxes, they agreed to sign a 12 month lease @$1000 a month and pay $1000 security deposit. Non smoker, no pets, makes 70K...
Greetings:I have my first rental property and have potential tenant from out of state who is job relocating. They want to rent my place but not untill September 1st. My terms are 1st,2nd and security which they unders...
If i had lets say a WY holding manager managed LLC with subsidiary LLCs in the state that I invest in that are member managed with the holding LLC being the only member.Would this make it more difficult to find and se...