All Forum Posts by: Keno Powers

Thank you Adam, John, and Theresa for taking the time to respond. Great idea Adam. I'll see if she can do that. 

Hi Everyone,

I have a tenant who moved out from a Maryland rental I used to have. I gave her notice in February of 2024 because she wasn't able to pay full rent. She moved out in March. I sold my property in April of this year. My tenant owed me about $1,500 in back rent and damages. She has a balance of $723 left. It has been like pulling teeth to get money from her. If I don't remind her to pay, she won't. I plan on sending her a payment agreement so she'll pay every month on time without me having to remind her every month. (Is that wishful thinking?) 

As an incentive for her to pay on time, can I charge her a late fee after 5 days from the due date and can I charge her for every day she's late? The other question I have is can I charge her interest as another option? Does she have to sign the payment agreement for it to be enforceable?

Thank you in advance you any help or wise words of wisdom?

Thank you Nathan Grabau and Nathan Gesner for your sound advice. Really appreciate the time you took to respond!

Hi. My tenant just vacated a furnished rental property of mine. There was damage like scratches, scrapes and slight water damage to wood furniture which marred the surfaces. Also, stains on couch cushions and the fabric on the dining room chairs that might not come out. I was wondering how other landlords deal with this issue? How do I determine the amount to take out of the security deposit? I'm planning to sell the furniture to make way for selling the townhouse. Because of the damage, I won't be able to sell them for anywhere near what I could have if the damage wasn't there.

Hi. My tenant is moving out and is 2 months behind in their rent payments. Can I take the security deposit and pet deposit and use them toward paying off her outstanding balance after making any deductions from the security deposits for potential damages?