What factors do you consider when deciding between requiring a new tenant provide "First | Last | 1 month Security" vs. "First | 1 month Security"?
I recently purchased first rental property. In the future I plan to transfer into a business, but for now the property is under personal. I wanted to open a bank account strictly for tracking my rental. Any suggestion...
I want to make sure Im prepared with the correct documentation to rent out my condo and would appreciate all opinions if im missing anything: - I have the rental application- I have my rental property agreement that I...
Hi Everyone,Quick question on security deposits in Chicago. Can I combine the security deposits of different units into 1 bank account?I understand that landlords cannot commingle security deposit funds with the asset...
Best way to determine a deposit for rental property? SOme say a months rent seems high for a $800 a month rent. Or a percentage of the rent. We plan on not allowing pets. Whats your opinion?
I have been reading about the BRRRR method of investing, and I am very interested in trying this in the future. However, there is one step that I need some clarification on, refinancing.Currently, I have a W2 job, dec...
Real estate investmentIf you're serious about building wealth and securing your financial future through real estate investing, you know that financing can often be one of the biggest hurdles. Whether you're a new inv...
Tenant was responsible for 100% of the water bill. We pay directly and bill the tenant. The billing cycle does not coincide with the tenant's move-out date. how do you deduct the tenant's share of water from their sec...
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...
Hi all - I'm a mobile home park owner and operator based in Denver. Out of our 4 deals, we've syndicated one deal so far with friends; But we're looking to bring other investors in so that we can hop on great deals th...