Chris Kelly
Tenant smoking weed but can't prove it
25 December 2024 | 28 replies
Or do they just want to sign an agreement to move out in 30 days and you'll give them their full deposit in cash on move-out day, if they leave the place clean?
Tina Artigliere
Quest Trust Suddenly Closed down Administration on their Solo 401K Plans
17 January 2025 | 24 replies
Make sure every dime is deposited into the trust account.Private lending, like syndication investing, doesn’t involve many transactions.
Sunil Kale
Missed 11 month warranty - no communication from tenant
16 December 2024 | 19 replies
Landlords can enter a tenant's property for a variety of reasons, including: Making repairs or replacements Responding to a tenant's request Removing unauthorized window coverings Preventing waste of utilities Changing filters, testing, or replacing smoke detector batteries Inspections Helping with an emergency inside the unit Posting a notice of eviction"Research your state laws because some of your comments indicate a lack of understanding of the landlord/tenant laws where you are operating (like threatening the tenants to keep the security deposit if they don't respond to you, I doubt that is actually a valid reason to keep their deposit, or evicting for late payments, or charging the tenants for your warranty repairs because you missed your 11 month inspection window which was your responsibility, and it looks like your lease says you can charge up to 18% interest for unpaid fees, is that actually legal?).
Eric N.
How do you do Seller Financing/Sub2 and comply with Dodd Frank/Safe Act ?
23 December 2024 | 46 replies
But he has clear advantage of getting much larger deposit (landlord in most jurisdictions is limited to collecting 1.5 or 2 months' rent payment, which he must place in an escrow vs. $8000-$10000 Scott can collect and use for any purpose the next day).
Satyajeet Dodia
Is my Entity Structure overkill ?
20 December 2024 | 28 replies
Quote from @Stetson Oates: The vast majority of disputes are over security deposits and the most a landlord could lose is 3x the deposit amount.Slip-and-fall or other major lawsuits almost never happen.
Roland N.
MTR - How to protect furnished rentals?
11 December 2024 | 4 replies
Screening tenants well and then a security deposit or credit card hold process in place will limit liability.
Harris Lee
Doorvest experience journal
16 December 2024 | 12 replies
Hopefully, they don't go bankrupt lol - In order to get started with the process, I have to pay $1000 deposit. Fully
William Vreeland
Section 8 Indianapolis
21 December 2024 | 6 replies
The funds are deposited electronically each month.
Rafael Ro
What are some realistic tenancy terms and maintenance costs (turnkey)?
19 December 2024 | 5 replies
In our experience/opinion (factoring in security deposit to defer some of the losses):Class A - 0%Class B - 5%Class C - 10%Class D - good luckHope this all helps!
Lolo Druff
Buying a house with tenants in place
11 December 2024 | 5 replies
For example, I often see Buyers purchase property thinking there is a $1,000 deposit but then the tenant claims it was $2,000 because they paid the last month's rent.