Mike Franco
Dealing with tenants who don't want to pay last month's rent.
I've read about them. and I'm dealing with them.
They think they can just use their security deposit as last month's rent, leaving the landlord holding nothing to cover damages.
Do tenants really have the upper hand...
Steve Candor
Huge problem - what do I do in this situation? NYC
I'm the landlord and I rent an apartment out. Someone left a security deposit and we signed that she owes the first months rent on move-in date. We agreed on the date and the address of the apartment.Now two days afte...
Blake King
Non-refundable damage deposits?
Hi everyone!This is my first time starting a new lease that was not an inherited tenant. Luckily i got pretty lucky with the inherited tenants, i know thats usually against the rules ;) I am looking for advice on dama...
Manuel Encarnacion
California Security Deposit
Quick question about security deposits in Southern California. When rent is about $2200 -$2400 do you still ask for 1 month’s rent for security deposit? So if their lease begins March 1st do they need to provide let’s...
Virgilio Mateo
Need help with a potential acquisition of 32-unit property
Hi BP Community, I am in need of some input from a potential deal I came across cold calling owners through craigslist. Property Location: Moss Point, MIssissippi32 unit complex4 buildings sits on 2 acres and all unit...
Jeremy Pearson
5bd/2ba 2133 sqft house hacking analysis
Hello,I am new to the BiggerPockets website, so I apologize if I violate any rules on my first try at a deal analysis. Please give me any and all suggestions/criticism you might have to help me learn. Currently I am j...
Anton De Vries
Quick claim deed
I have a question about a house I've recently acquired. The house was given to me by my father, there is still a mortgage on it that I am paying. We've done a quick claim deed to secure my interest in the home. My que...
Paul Khazansky
Capping the recourse liability
Want to discuss the issue of capping the recourse liability. Let's say I want to buy a $2 mil hotel. This would be acquired through an LLC that has hardly an assets, so the lending bank would require recourse lendin...
Tracy Taylor
1890's Diamond in the Rough!
Investment Info:
Single-family residence fix & flip investment in Loveland.
Purchase price: $120,000
Cash invested: $79,000
Sale price: $285,000
This property on the market for over a year du...
Jeremy D.
Bidding war on a MFH foreclosure
I made an offer on a MFH foreclosure listed at $34k in an up and coming area, it needs about $40k worth of work and will result in $1600/mo in total gross rental income. I offered $38k on the property the day it hit ...