Jay Yoo
Wifi service for international students tenants
Hi All. Hope your holidays going well. I have International students as tenants in my property. Of course they have no credit score or any but have bank checking account. They want to open an account for the Internet ...
Michael Slockers
How to financially account for a lost security deposit
Hello all:When a security deposit is received on a new long-term rental lease, I categorize that in my accounting system as "deposit", separate from rent. It isn't income, doesn't show as a gain, etc. When that same t...
Chuck Van Court
Looking for RE attorney experienced in HM/Private lending
Greetings BP members!I am looking for recommendations for a RE attorney in Washington State that is experienced in supporting Private Money Lending. No OPM involved and 1st lein position taken. Any suggestions would...
Matt Harris
Settlement charges and repairs
hi Curious how other landlords deal with security deposits and repairs. Example would be say tenant breaks a window in winter that's an emergency repair that can't be waited on til move out where a deduction would be ...
Krystal Barcliff
Property Management Company
Hey, so me and my spouse want to start our own Property Management Company. My Husband is a Licensed Realtor but I am not. Are we able to start the business with his credentials or would I have to become licensed myse...
Patrick Reagan
Securing a property during rehab
What are the most effective ways you have found to minimize the chances of vandalism and breaks-ins of your vacant property during the rehab?
Bryan OBra
Propert Manger never collected security deposit from tenant
We recently had a tenant move out in a huff leaving the house trashed. We were expecting to use the security deposit to help cover some of the costs but the property manager never collected one even though the lease r...
Kathryn Mullen
Johell Aponte investor flipoer
I was renting from another city 200 miles away. Johell Aponte CEO of Move On House Buyers took more than $14,000 of my life savings so that I could get into a safe secure home with no issues and any issue that did ari...
Pandu Chimata
Adding a lien holder to the property title
Hello team, I am in the processing of borrowing money from a friend to rehab my flip. It's a private loan. As a collateral, I need to add his name in the title so that I pay off the amount when I am selling the proper...
Jay Hinrichs
Code of ethics for hard money and private lenders
Here are a few list of ethics a good Hardmoney lender will follow and borrower to be cognizant about. 1. Do not Bait and Switch IE you see the 100% LTV 5% rates which we know don't exist. Don't advertise what you ar...