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.
Lorraine Hadden
Sellers/Agent Placed the EMD in an Interpleader Account w/the CA Courts
24 January 2025 | 3 replies
We completed our due diligence within 10days and once the report came back, we immediately requested our deposit back.
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
You will receive the security deposit in Checking but then transfer it to Savings.Savings: Hold the deposit here so it's separate from operating funds.
Olivia Blake
New Landlord - Tenant Refusing Payment Method
27 January 2025 | 13 replies
As a PMC, we allow tenants to:1) Mail in rent (we charge a Processing Fee)2) Deposit at our bank (we charge a Processing Fee, but less than the mailing one)3) Use Zelle, Venmo, etc.
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.
Charles Evans
What Paperwork Should I Be Keeping Record Of?
23 January 2025 | 5 replies
Here's a good folder setup.Bank StatementsCredit Card StatementsProperty Management StatementsMortgage StatementsSTR Platform StatementsInvoicesReceiptsClosing Documents (Purchase/Refi/Sale)LeasesCheck & Deposit ImagesVendor ContractsW-9’s & 1099’s
Tyler Koller
Baselane Vs Stessa
16 January 2025 | 31 replies
You can't beat the price, either, or the interest rate on deposits.
Robert Liu
New build with delta build services in Cape Coral
22 January 2025 | 66 replies
The deposit amount when working with a lender comes from the lender - it is basically the amount of skin the lender wants you to have in the game.
Ethan A.
Seeking advice: tenant violated lease with many cats
16 January 2025 | 1 reply
Did you collect a pet deposit?
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.