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Updated over 7 years ago on . Most recent reply

Matt Conrad's profile image
Matt Conrad's profile image
Matt Conrad
  • from O Fallon, Missouri
  • Member since Oct 31, 2017
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31
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Matt Conrad's profile image
Matt Conrad's profile image
Matt Conrad
  • from O Fallon, Missouri
  • Member since Oct 31, 2017
Connect
Matt Conrad
  • O Fallon, MO
7
Votes |
31
Posts
General Landlording & Rental Properties

Failure to get deposits

Matt Conrad
  • O Fallon, MO
Posted

We are about to put an offer on a 2 family. What we have found out is the owners did not get a deposit on leases that are at about the halfway point. Instead they got last months rent upfront. Is there really a differentiation between these two? And more importantly, any way we can obtain deposits from the tenants at the point if the purchase come to fruition?

Matt

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