Mariah Jeffery
Considering Offering Lease Option - Questions
I have a single family home that I'm currently renting for $795/month. Tenants are moving out at the end of August and I'm considering marketing this as a lease option as well as a rental next time. I read "Buy Low, R...
Amber Carter
New Security Deposit Guidelines
Cincinnati has recently implemented an alternative security deposit option for renter’s to pay. One of the options: rental insurance, which allows renters to pay a small premium each month, instead of making one cash ...
Tommy C.
1031 and lease option?
hi, If the seller doesn't want to wait unit the 1031 exchange (the selling of the 1st house before buying 2nd), can a buyer use the lease option to secure the deal before the 1031 take place? I know there's some stric...
Nahal Beckam
due date for pre-payment of the rent
A tenant who is moving on July 1st is willing to pay 6 months rent in advance to cover up for not sufficient credit history. I am preparing an agreement and was wondering if I should require the pre-payment at the tim...
Brian Flounders
Pennsylvania Security Deposit Escrow Account
How do you buy and hold investors out there handle security deposits in PA -- or other states that require deposits over a certain limit ($100, in PA) be placed in true Escrow Accounts?
My dilemna is such: th...
Ronald Rucker II
SINGLE FAMILY, DUPLEX, TRIPLEX $100K-$300K FOR JOINT APPLICANTS
Hello BP Family! My name is Ronald and I'm going to jump right into it.I'm currently looking to secure a joint loan with myself, my mother and fiance for a property in Houston, Tx. A little about our situation: I h...
Ronald Rucker II
SINGLE FAMILY, DUPLEX, TRIPLEX $100K-$300K FOR JOINT APPLICANTS
Hello BP Family! My name is Ronald and I'm going to jump right into it.I'm currently looking to secure a joint loan with myself, my mother and fiance for a property in Houston, Tx. A little about our situation: I h...
Qasiym Glover
1st Lease option deal
Hey guys, I have a potential deal that I found on craigslist, here are the terms:Sales price $115k, mortgage/taxes/insurance $1,200property valued at $125kRent $1,500I'm going to ask for a $10K down payment from the t...
Kim Parker
security deposit return for MTRs
Hi BP forums, We have a house that we are renting as an MTR. Going well so far and I'm honing in our processes. We do collect a security deposit and a cleaning fee. Unless something is trashed or missing I am assuming...
Michael K Gallagher
Columbus OH City Council considers limiting Security deposit
Just a heads up to all those investors in Columbus OH, if you do not already know there is a measure going to city council that there was a community meeting on last night. The basics of the measure are as follows......