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Kevin Yeats commented on my "Disadvantages of Section 8" rental blog. He asked about providing "reverse deposits" as an incentive for tenants to keep their homes clean and maintained. He suggested giving $200 at t...
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What is an appropriate escrow amount to place a $1.75M multifamily property under contract?Obviously, I want as low as possible. The Broker suggested $25K which I can do, but I would prefer to offer $10K as it will li...
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bank.. which bank do you use for receiving your rents and holding security deposits.
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Hi, I'm in the process of purchasing a condo. My escrow and inspection period are over, closing in two weeks. Deal: Purchasing property for full asking, and also agreed to pay $13.5K due to association for concrete re...
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I am about to get a house under contract and I am going to put $100 down as an earnest money deposit and I am not sure if I give that money to my attorney or the sellers attorney. Please help!Thanks,Cory Gardner
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We had a tenant who decided unilaterally to move out two weeks later than the contractual end date. Consequently, the house could not be made ready for the new tenants and after a big scramble, we managed to save the ...
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I'm totally prepared to get my ass grilled based on the title of this thread but that's fine. Please share your honest opinions. Here is the situation:
- I'm a complete car nut. I spend a lot of my free time research...
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This is my first rental property- a duplex in Sioux Falls, SD. Inherited one tenant, who has been good so far. The other tenant I moved in; fully vetted, including employer reference and last 2 landlord references, al...
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My new tenants on one of my properties signed a lease a couple weeks ago with a move in date of July 1st. When they saw the house my previous tenants were still in the process of moving out. New tenants signed the l...
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Hello BP Community;I'm ready to go on "live" with my first property, my niche' is student housing. I was wondering if anyone has electronic payments set up with their tenants. I was looking for a system which I could ...