Jeff T.
What do you charge for your deposit? Higher = better applicant?
I'm just curious, because I have rentals and have been getting poor applicants for a long time. I recently decided to charge 1.3-1.5x rent instead of typical 1x rent and I've been getting better tenant applications.Ma...
Peter Shaw
Investment / Rental property in Seattle - where should I buy?
Hello,I have never lived in SEA area but given the strong High Tech employment market, I want to buy a rental unit. I'm looking for something <500-600K, which will generate decent rental income and will appreciate ...
Jon S.
Security deposits, 1st month, last month?
Do you charge first month, last month, plus 1 month rent as security deposit? Or do you just charge first month rent and one month rent as security deposit? Pros and cons? Thank you
Jay Williams
1st HELOC - How to Go Shopping?
Hi BP,I have two main questions:1.) Can you "shop" for HELOC's in the same way that you would shop for an auto loan?2.) If you can shop, what questions or tips will get you the best results?A little more info:The HELO...
Buerkie Klokpah
FIRST TIME INVESTOR: Tenant Wants to Add Boyfriend
Hi all. I received a message from my tenant that she would like to add her boyfriend to the lease. I'm not sure the best course of action and whether it is specific to state or just preference. This is a SF home in Ho...
Jay Lam
Umbrella insurance policy
I am getting a RLI personal umbrella policy from an independent insurance broker. My broker listed my rental as my primary residence, but I am renting/living out of state. If I technically do not have a primary reside...
Mellissa Ruiz
Struggling to find tenant
I just bought my first rental property about two months ago. I put the property up for rent just over a month ago. I’ve had many inquiries and only one application that did not meet my qualification standards. Going o...
James Fisher
Taking an out of state tenants to court?
My rentals are in a college town. I deal almost exclusively with students and rent by semester, not month to month.I have evicted three tenants, all from out of state (PA and NJ), and I want to sue them for the money...
Perry Ivy
The game changing animal issue, what can be done?
It seems as though the no pet policy is soon to be outlawed and I’m concerned. My company has had a mo pet policy since inception, however the law has changed to now force me to take in ESA animals. This includes hors...
Julie Gates
Streamlining Real Estate Investments with Virtual Assistants
Being successful in real estate investing is no easy thing – it's not just about mastering facts; it demands a toll on physical, emotional, and philosophical levels. Amid the chaos of decision-making around buying, se...