So currently we have a number of duplexes being held each in its own LLC, with separate bank accounts and everything. I feel that before this venture gets too large, that I should create a Property Management LLC to b...

HelloI filed eviction not too long ago, called lawyer office today.found out bad tenant got answered.I cannot believe she gave me bounced check for security deposit and prorated rent.What kind of answers she can do? s...

Hi,I have a 3/1 in a Chicago neighborhood that is "challenged", but is well located and the unit & building themselves are fine. I am offering a move in with neither move-in fees nor a security deposit, just a Tra...

Hey everyone,I’ve noticed that a lot of investors, especially those starting out, often face challenges when it comes to the earnest money deposit (EMD) required for property deals. It's one of those necessary steps t...

I am surprised at how many LL seemingly do not collect First, Last and security deposit at move in. I thought everybody did? Security Deposit for us is equal to one month's rent. What's y'alls practice on this?Thanks ...

My former property manager, Davis Property Management South (managers and owners of the property management company are Sam Davis and Eddie Davis (his brother) whom I found here on BP) stole my money and my tenant's m...

Hi all,

I received a notice from the City that the last tenant in one of my SFR's located in IN has not paid their last sewer bill and they have been unable to reach the tenant about this. I have 30 days to p...

From speaking with a couple of mortgage brokers, the option fee cannot be used as "an acceptable source of borrower funds" as stated by HUD. Could the the tenant / buyer sign a purchase contract with a non-refundable ...

I own a home in florida and hired a company to mange it. The management company did not pay/deposit 4 months of rent payment to my account. The owner is trying to hide behind the corporation saying that the business i...

Has anyone ever had a person posing as a potential renter from Fair Housing and saying they had an ESA and were told they would have to pay a pet deposit?  Then, received a letter from HUD that they were in violation....