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18 December 2024 | 9 replies
What about the security deposit?
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19 December 2024 | 22 replies
So, a $2,000 deposit could cost you $6,000 in court.Waive the deposit and raise the rent to make up for it.Back in the 90s we had a 9 plex in Cahokia, IL.
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28 December 2024 | 16 replies
We refunded his 200 dollar pet deposit (Illinois has put ESAs on par with working animals, so we had to refund it), although he says we did not (we do have proof of this).
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27 December 2024 | 34 replies
Income tax refund (forced savings account where govt keeps your interest) gives them the cash they need for first month's rent + security deposit.10) Realities of S8: most tenants no longer have 100% of rent paid by the program.- Good luck getting them to pay their portion for the duration of their lease- Be careful including utilities in the rent as they then won't care about a running toilet resulting in a $500 water bill.- S8 tenants don['t want to pay application fees- S8 tenants cry broke about paying security deposits- S8 tenants in the program for 10+ years claim ignoreance on filling out their paperwork because they've learned a desperate landlord will do it for them.If you want a S8 tenant, you MUST advertise on www.AffordableHousing.com
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24 December 2024 | 9 replies
The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.
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16 December 2024 | 7 replies
I invested with D32, and like a lot of others, cannot get my deposit back.
21 December 2024 | 6 replies
The funds are deposited electronically each month.
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30 December 2024 | 819 replies
I suspect all security deposit need to go to the owner or a new PM..
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10 December 2024 | 1 reply
I know I need to hold the security deposit in an escrow account.
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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.