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14 November 2024 | 19 replies
I used furnished finder and keycheck to find tenants, screen them, and collect rent/security deposits.
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18 November 2024 | 35 replies
Damage is always on the tenants and comes out of their deposit.
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12 November 2024 | 8 replies
This needs to be highlighted in the lease and acknowledged by them.Security Deposits: You can’t use their security deposit for routine cleaning, but if they leave things in bad shape beyond normal wear and tear, it’s fair game to deduct cleaning costs.I’d start by having a straightforward talk with them about the importance of keeping things clean for health reasons and property preservation.
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20 November 2024 | 31 replies
So there is just not that big of market for all these people that think they are going to loan EM deposits. wholesalers doing any volume have their own money full stop and are not going to look to others for funding of EM..
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19 November 2024 | 23 replies
Do you have to keep the security deposit in a separate account?
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12 November 2024 | 9 replies
The information is typically - lease start and end date, how much rent is, what the security deposit is, and how much in advanced rent there is.
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11 November 2024 | 10 replies
Deposit that money into a cd or mm with them.
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13 November 2024 | 17 replies
Your bank may not allow you to deposit them. 2.
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10 November 2024 | 12 replies
I do a lot of direct bookings that take security deposits, but with Airbnb, they are always tough.
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13 November 2024 | 9 replies
An estoppel certificate is a form you have the tenant sign that confirms their lease start date, the amount of their security deposit, and other things.