Becca Flim
Business Bank Account vs Personal Bank Account
Hey BP community!
We are in the process of purchasing our first rental property in PA and looking at opening up a separate bank account in order to track our expenses. At this time we are not looking at setting up a...
Memi Lee
First triplex need some advice
Hi everyone I just purchased my first triplex in Ohio, I'm needing to find out if I can collect past due rents since I just acquired the property Feb 1st. Two of the three are behind. In addition where to find new lea...
Justin Sumulong
Question regarding security deposits in Chicago
Okay, I'm flipping sides and asking a question regarding my security deposit for a rental I am moving out of in Chicago.A couple months ago, I asked our landlord if we could move out sooner than the lease end date. (l...
Jerry Gandolph
How Long Do I have to return Security Deposit to Tenant?
I have a two family rental in upstate NY. The tenant is moving out Thursday May 31st and has requested the security deposit back on that day however Im out of town and will be out for another 8 days and she is having ...
Sandy Blair
California investor , peer to peer lending
Any investor currently doing / interested in doing peer to peer lending on a personal loan(s)? Tuned into a BP Podcast that got me thinking about unconventional financing.1) Secured with real property2) < or = to 2...
Greg Smith
Withholding the Security Deposit?
Upon moving out, the tenant received notice from the property manager
(via certified mail) that the landlord was making a claim against the
tenant's security deposit for repairs and cleaning. Included in this
...
Salvatore Ross
Deposits and Fees
Is anyone charging a security deposit for guests? If so, how much and why? Is anyone charging a fee for pets? Or baking it into the nightly rate and/or cleaning fee?
Sendil Thangavelu
Delinquent Tenant asking me to use security deposit and last month rent
Hello,I have a tenant who has been delinquent for most of the 3 months since they moved in. They eventually have paid so far, albeit late. For the month of August 2024, they are saying that they have hardship and want...
Jason Miller
Borrowed Funds for Down Payment...
There seem to be hundreds of creative ways to get into an investment property, but I have a question for lenders about using mostly borrowed money for the down payment. Is this really possible? Let's say I've only g...
Elvis Guillermo
Options for Commercial financing
I need assistance in exploring my options for a commercial property I recently purchased in South Carolina. The building requires significant rehabilitation, but it is salvageable. Alternatively, I could consider demo...