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Results (10,000+)
Drew Sygit New Michigan Law: Landlords Can't Discriminate on Tenant Income Source
14 January 2025 | 10 replies
The law does NOT apply to landlords:With less then 5 rental unitsThat live in one unit of a duplex and rent out the other unitThat rent out rooms in the home they occupySo, landlords can no longer state in their rental ads, "Section 8 not accepted".The reverse is also true, "Section 8 only", cannot be used.We've always recommended screening S8 tenants the same way as cash-paying tenants.Landlords waiving application fees and/or security deposits only for S8 prospects may also be violating Fair Housing.
Ryan Treacy What Do I Need to Know to Be a Landlord in Indianapolis, Indiana?
16 January 2025 | 3 replies
Key points include:Security Deposits: In Indiana, there’s no legal cap on security deposits, but you must return the deposit (minus any valid deductions) within 45 days of the tenant vacating the property.Evictions: Follow the formal process carefully.
Jane S. Has anyone heard of a company called NOMAD
13 January 2025 | 8 replies
Nomad also held the renter's deposit hostage even after I cleared the transfer with no damages to be charged.I had to remind Nomad there is a difference between “can” and should” , while you “can” hold a deposit longer it “should” only be done when there is a question about damages.My bank liked the guarantee, the disorganization inside Nomad and the horrible vendor management would cause me not to use them again.
Jermaine Washington Tenet has abandoned property without paying rent.
13 January 2025 | 11 replies
Follow the step for the deposit-even if it is to send a registered letter to their last known address stating that the deposit was used for outstanding rent and whatever damages or cleaning was needed (itemize it). 
Izraul Hidashi If a Borrowers Promissory Note Funds a Loan Who Is The Creditor?
15 January 2025 | 32 replies
deposited in a demand deposit account?  
Donald Hatter Reporting Unpaid Rent to Credit Bureaus
11 January 2025 | 1 reply
Our lease contains a clause stating the security deposit cannot be used for the last month's rent. 3.
Olivia Armstrong FHA or any options for property with two homes?
14 January 2025 | 2 replies
We have some $ saved  but don’t have enough to put a full 20% deposit down as needed by most conventional lenders.
Farnaz Z. How to screen a tenant without a social security number?
13 January 2025 | 4 replies
Just be sure to clarify that she isn’t a leaseholder but is authorized to reside in the unit.If you’re concerned about liability or want more peace of mind, you could ask the primary applicant for additional security, such as a higher deposit, depending on what’s allowed under Colorado law. 
Fareen E. Start lease on closing date or the day after?
10 January 2025 | 11 replies
Sellers may struggle to mentally shift from "owner" to "tenant," which can create challenges with boundaries and property care.Security Deposit:If you’re doing a temporary leaseback, be sure to collect a substantial security deposit to cover potential damages and ensure they vacate on time.
Jason Hatfield Buying a house at auction
15 January 2025 | 8 replies
@Jaycee Greene  they require a non refundable deposit and give 48hrs to see proof of funds