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Updated over 3 years ago,

Michael Opper's profile image
Michael Opper's profile image
Michael Opper
  • from Wake Forest, NC
  • Member since May 30, 2021
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9
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2
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Michael Opper's profile image
Michael Opper's profile image
Michael Opper
  • from Wake Forest, NC
  • Member since May 30, 2021
Connect
Michael Opper
  • Wake Forest, NC
2
Votes |
9
Posts
General Landlording & Rental Properties

Security deposit for current tenant?

Michael Opper
  • Wake Forest, NC
Posted

I’m getting ready to close on a house that has a current tenant that’s renting at a month-to-month. When I take possession of the house should I require the tenant to provide a security deposit even though they’ve already been living in the house for many years? Or just take over the month-to-month rent?

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