Michell Chase
Inherited tenant on purchased property - seller didn't collect security deposit
12 December 2024 | 3 replies
You identify the problem (lack of deposit) during your inspection phase, then hit them with an objection that requires them to pay you a deposit at closing.
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.
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.
Gregory Chadwell
Anyone use APPFOLIO?
7 January 2025 | 6 replies
The reason for this email is that we need to schedule a call with a representative about our direct deposits to our bank account, we keep having the same problem every month.
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.
Olivia Armstrong
FHA or any options for property with two homes?
8 January 2025 | 1 reply
We have some $ saved but don’t have enough to put a full 20% deposit down as needed by most conventional lenders.
Tiffy W.
Do you suggest renting PO Box to collect rent?
1 January 2025 | 32 replies
Most will be happy to accept the check and deposit them for you.
Laura S.
Advice for 1st time landlord evaluating applicant
6 January 2025 | 5 replies
All things being equal, I would accept these applicants, but I would require them to pay a deposit equal to two months of rent.
Briar Blake
Property Managers Violated Contract
7 January 2025 | 11 replies
PM's will keep all late fees, they hold the security deposits so they collect all the interest on security deposits.
Jimmy Jeter
New construction, 75% done. About to run out of money
14 January 2025 | 9 replies
We did give 50k deposit up front which he says he will use towards finishing up.