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22 June 2024 | 23 replies
If closing is on the 24th of June, then they are close to having to lift the conditions or they risk losing their deposit.
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20 June 2024 | 4 replies
Man Ontario is tough on landlords.Can't charge application fees, can't collect security deposits and I've heard it can easily take a year to evict for nonpayment.Yikes!
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19 June 2024 | 10 replies
I use to collect a security deposit but decided it was more hassle than it was worth.
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20 June 2024 | 3 replies
I think what Chris is saying is, give the contract and good faith deposit to a title agent.
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19 June 2024 | 4 replies
Is it legal to charge non-refundable pet deposit and monthly pet fee in Wisconsin?
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17 June 2024 | 4 replies
The exact day of 30 days beyond move out who do you think texted asking about deposit.
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19 June 2024 | 2 replies
- Security deposit transferred over with interest?
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17 June 2024 | 11 replies
For all of my properties, when I acquire them, I open two bank accounts: One for the traditional rent/maintenance, capex, etc. and one for security deposits.
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18 June 2024 | 8 replies
My assumption is that she'll say 30 days is not enough time to find a new place (if she can't promptly pay her under market rent, how will she come up with first and security deposit elsewhere), will not finish paying her May rent and won't pay June either so trying to see if it's best practice to have that eviction filing in process as an incentive for the tenant to move along quickly.As a note to others in a similar situation, what I've read here in the forums that I didn't adhere to was "stick to the lease" and if someone is a consistent problem, they're not going to turn on a dime and get better, you have to protect your investment and part ways when things aren't working.Any insight appreciated.
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19 June 2024 | 11 replies
Personally, I think the taxes are high and the services you get for your taxes low there.I know people that invest in Detroit but you must know the area down to the street and have excellent property management.However, I just talked to my CPA today about a referral he was sending me who is a client of his that has 30 rental properties in Detroit and selling them all because the City doesn't really help, charges for everything, and they never have given a security deposit back to a tenant after they stayed because of their behavior or lack of payment.