Cj R.
Security Deposit Refund ... To Which Tenant???
I rented a unit to a couple three years ago. Since then they have become unhappy with each other and are going their separate ways. They are both on the lease although the check for the deposit was paid from one of th...
Jason Schubert
Question about managing finances.
Hello everyone! Wow do I wish I knew about bigger pockets sooner!I just became a pro member and am loving the wealth of knowledge available here!I am looking for some advice/help. I currently own 4 single family prope...
Tiffany M.
How many comps are needed?
If a house only has 2 or 3 comps within the area and 6 month timeframe but the comps have the same features of the house in question (ie. same bdrm/bath/sq ft/age) and the comps are rehabbed properties, will 2 or 3 be...
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
The House is not under an llc. Just want to start setting up as if it were. so far i have thought about creating 7 accounts.1) all rental income account 2) account where common utilities and mortgage will be billed3)m...
Jesse Kleiber
Are there Benefits to HELOC on Primary vs Rental Properties?
Hi all,Feel like I have this one kind of sorted out but I just wanted to run it by some people who may know better than myself.The plan is to pull out a HELOC to help subsidize a downpayment on my next rental property...
Quinton Foster
Portfolio Refinance on Single Family Rentals owned through LLC
My partner and I purchased a single family home through our LLC (commercial loan) in October of 2020. At that time, we paid $55k for the home and it appraised for $72k. Since then the market has increased and we put s...
Paul OBryan
Can I use multiple RE agents in the same market?
I would like to know the etiquette or standard for dealing with more than one agent in the same market. Can I engage two simultaneously if they are showing me different properties? Or do I have to be loyal to one?Thanks!
Inderpal Chadha
Frozen faucets
This is not Alaska but a frozen faucet in Maple Valley, Wa. All the faucets are frozen, the heat is off as of now ( no one lives at the property). The heat will be hopefully up in a day. The temperatures were in th...
Bobo Tones
Renting a house
There are 4 of us renting a house. We all signed the lease separately. If 3 of us give our shares to the rental company and the 4th doesn't. Can they evict us all or just the person that doesn't pay?
I am guessing...
Will Barnard
Getting your first deal done
I created this thread from questions and answers via PM from another BP member to me and thought it was good stuff for all to read, so here it goes:
This first question stems from another post which can be found here...