It is looking like this bill is going to pass in MO. It states : All security deposits shall be held in a trust established by the landlord and deposited in a bank, credit union, or depository institution account in ...
Hello Bigger Pockets community!
This is my very first post - I am a brand new investor looking to purchase my first house hack in the Denver metro area and would very much welcome your informed perspective on my curr...
Hey, guys.I hope everyone down in Louisiana is faring ok during these historic floods.I never in my life thought things could ever get this bad. A lot of my family/friends have lost their homes, but thankfully have ma...
Hello Everyone,
I recently bought a 3-unit investment property in Michigan and have plans to rent out one of the units to the sister of one of the neighbors. I have her staying in the one br while we renovate the oth...
- Just found out, tenants are eligible to receive interest on their security deposit ( most likely a few bucks, if that lol ) but they can make a whole case out of it - PA law states, must hold security deposit, in es...
Hi friends, this is my first post and first property.
I'm under contract on a row house in Baltimore at $307,000. About to do inspections, but want to make sure the math is right. It'll be a house hack at first. I pl...
I bought a 2-floor building in 2010 for $200,000. I live on the top floor. Currently there is a tenant on the 1st floor. I only plan to live in building for 5 years, and rent out the whole building for another 10 year...
Hello all:When a security deposit is received on a new long-term rental lease, I categorize that in my accounting system as "deposit", separate from rent. It isn't income, doesn't show as a gain, etc. When that same t...
Method A-each prop and all its items together Prop 1 receiptsProp 1 hoaProp 1 loanProp 1 tenants Prop 1 etc. OR Method B- All common items from all props togetherProp 1 hoaProp 2 hoaProp 3 hoa Prop 1 loanProp 2 loanP...
Hi all,First time landlord here. I have a roommate who signed a 6 month lease in July. He wanted to go month to month after the lease ends on Dec. 31. I have a tenant already lined up (my separated wife is moving back...