Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

186
Posts
14
Votes
Naga A.
  • Investor
  • Atlanta, GA
14
Votes |
186
Posts

Additional security deposit in the middle of lease term?

Naga A.
  • Investor
  • Atlanta, GA
Posted

A tenant failed to pay a rent in Jan, and since then all our collection efforts were failed (he made all the executed, promises were broken and phone called were ignored etc.).  An eviction proceeding was initiated, and after we got a court judgment and just before kicking him out, the tenant all of sudden showed up at my management company's office and finally made all the payments owed to me.  

The problem is I do not trust this tenant any longer and anticipate that he will miss a payment soon and that we will have to do the eviction again.

My question is whether I as a landlord can ask for an additional security depost (about month rent?) to protect my interest from this tenant in the middle of term of lease because of recent eviction incidents.  The lease agreement is silent on whether I can do that.

Loading replies...