Hello BP, I'm Michael Beeman.I recently purchased a large older home with a garage that I am turning into a 3 plex, and in May I'm closing on a 6 unit apartment. I got some really great deals on these units.. But, as...
Hi everyone! I have a question that I haven't seen specifically answered in the forums. How does it REALLY work when you use someone else's money for a down payment? I guess this is a good problem to have, but I have ...
This Topic came up on another forum post and It got me to wondering,
As a tenant/Landlord, What is the minimum amount of money you would go to Small claims court for in a monetary dispute? I never really thi...
I'm trying to bootstrap my business with virtually no money (in the absence of a 'no money down' or 'subject to' opportunity). And have come up with a loose plan.
My income is not great but the condo i bought...
I am finishing the a renovation of my first vacation rental and I could use some advise. So BP Community could you give me your advice on How to Collect Security Deposits? Is there an easy way to collect them online o...
Do you require full security deposit for small office space?
We have about 8000 sq ft of office divided into 6 units with units ranging from 700 sq/ft to 2000 sq/ft.
The space we have is completely remodeled and mov...
Hello,I recently bought a rental property(town home) in Lehi, Utah and got a request from an undocumented immigrant to rent the same. I tried to research the local state laws on whether it is legal for a landlord to ...
Hey All,What's your thoughts on a minimum credit score for tenants?The 3 bed 1 bath SFH we have available for rent has a credit score minimum of 600. So far from speaking 20+ applicants the credit score issue seems to...
I have a 6 unit building with low income tenants. After a tenant's one year lease converts to month-to-month is there any incentive for the landlord to sign a new lease? I'm not seeing a benefit. My thought is that...
I'm considering renting a spot to an applicant with very poor credit. To offset the risk of the tenant potentially not paying rent I am considering a deposit that is more than 2X their monthly rent and only offering a...