Bill Lake
Inheriting a tenant, no lease, no security deposit
Closing on my first househack. As is sale.There is a tenant in one unit, who's been there for 12 years. Tenant remodeled the unit, has good relationships with the owner(seller) but was cought off guard by the sale of ...
Tomasz Banas
Additional security deposit
I have potential tenants for one of my properties in New Jersey. However, due to medical problems (i.e. cancer), there are collections/judgements on their credit. They are really nice and neat people. They are aware o...
Account Closed
Cash in hand, proof of funds?
Hello BP community! I've been hanging out in the shadows for some time now reading posts, listening to podcasts etc. Well after a year plus of research its time to make an offer on my first deal. I need to get some fo...
Matt R.
security deposit question
A few weeks ago my tenant decided to move 3 family members into her unit. I found out and gave the 3 people a few weeks to move out and they did not. So I just gave them a 5 day notice, and they told me they would al...
James Kandasamy
Do we return security Deposit when Tenant gets evicted ?
HI,We have a tenant that is being evicted for having pets in the house. The courts pass the judgement on behalf of the landlord for $1700 plus lawyers fees. She has paid her last few months rent. The tenant has planne...
Johnny McKeon
you MUST collect Security deposits & Pet Fees!
It's Not ALL 🌈Rainbows🌈 & butterflies🦋. A lot of people like to filter out the bad and ugly and only show the good when it comes to investing in real estate.This is the importance of collecting security deposits (...
Matthew Bass
Typical for property manager to get security deposit interest?
Hey everyone. My wife and I are new to the rental real estate business in NC. The contract we're signing with our property manager states that he will be responsible for putting security deposits from our tenants into...
Jose Urena
Earnest money
I found a good deal and I'm about to put it under contract. Is it necessary to put down earnest money or is there another alternative?
Namon Thorn
Finding A Title Company
Hello BP Family,
I live in Houston,Tx I am a newbie REI. I would like to know does anyone know of any good investor friendly title companies in the metro Houston Tx area that I can use????
Also, once I locate a sutabl...
Joshua Dorkin
Increased Minimum Earnest Money Requirements
I heard from a friend last night that he was required to put down almost $8,000 in earnest money on a home he was putting an offer on, and decided to dig a little deeper. It seems that most of the properties he was ...