Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
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

All Forum Posts by: Tracie Van

Tracie Van has started 15 posts and replied 51 times.

@Joseph ODonovan

I have but there is no info about what happens to the matched deposit. ( that had the bounced check in it )

Hope this is the correct forum to post it.

I've used QB online for a few years now and like it. But just recently I had 4 bounced checks from tenants. (Two tenants, bounced checks twice - ugh) 

I use the method of each tenant gets an invoice created each month, then I accept the payments, create a deposit and record it, and take it to the bank.

After a few days the deposit shows up in QB and it gets matched to my deposit in QB.

But I just have no clue how to account for these bounced checks since the bank has already matched them up with QB. 

I have seen tutorials on how you create a new invoice, and uncheck the original one, but I have no idea how to correct the matched deposits. 

I'm at a loss. Any help appreciated!

@Joe Splitrock

Yes! That is what I said to my husband - the police do not know all the rental rules. It was sort of crazy because the chief of police acted like he was under a protected class...they are not. So frustrating. 

We decided that we are serving the 30 day notice. No reason to risk it. 

I think we are leaning to giving her 30 days notice.

@Randy E.

Her lease was up this past month and I decided to not do a year renewal, and let it convert to month-to-month. Glad I did. I can give her 30-days notice now whenever I feel its warranted. 

I also am realizing now that I did not give enough info about the tenant. She is older, and the sex offender is her nephew. She also has her 30 something year old son living with her. (He is on the lease) So she had to know of his past. Which is frustrating to me. There are no kids living in that building yet, and I am guessing  she though no harm then. She is actually a nice person. Not making excuses, just filling in the details :-) 

@Nathan Gesner

Thank you! I already started on making the changes to the lease and rules. 

@Cara Lonsdale

Exactly! He was planning on staying. I am also going to see how to sign up for alerts when sex offenders move to the area.

@Josh Anderson

I just thought of something. What's to stop the tenant's guest from staying two days, leaving, then staying two days..etc etc 

@Dennis M.

We did send her a letter stating the rules and what she was in violation of. (Even if we could not prove it.)  I do not tell the other tenants about it, but I did tell one tenant because he does side work for us and is very trustworthy. He also has a good view of the parking and entrance, so he is going to keep an eye out for him.  

@Josh Anderson

Thanks! I really like the 48 hour time limit requiring notice. I think thats perfect. 

I don't believe we have that law here, but I am going to research it for sure.