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25 October 2024 | 17 replies
The state doesn’t have rent control laws, but landlords are prohibited from collecting more than one month’s rent for security deposits.
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30 October 2024 | 35 replies
The sophisticated money is not buying in stagnant markets with poor fundamentals because they can achieve the 1% rule, can complete a BRRRR or because of more favorable landlord tenant laws exist just to highlight what’s rarely part of their acquisition criteria which is a stark contrast to the mindset of most within the BiggerPockets community.Since your focus is specifically on landlord tenant law component I’ll add those who follow the law, properly maintain their property, respond timely to tenant requests, use well drafted and fair leases and don’t unreasonably withhold deposits find themselves in far less tenant controversies.
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23 October 2024 | 8 replies
She is telling me I have to put a honest deposit of $1000 down for every offer I make.
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23 October 2024 | 13 replies
You can charge pet rent, a pet deposit, or both.
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24 October 2024 | 3 replies
How much are you looking to put a down deposit?
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24 October 2024 | 7 replies
I am sending rent invoices and they are directly depositing the rent from their checking account to mine.- They had their corporate counsel review the lease and request a few changes.
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23 October 2024 | 8 replies
With that said, my goal with advance booking is to bring-in a decent amount of revenue during the offseason (winter), but don't want to scare anyone away with a large initial deposit, and of course I'd like to discourage cancellations.
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23 October 2024 | 11 replies
You will likely need to come up with the 5% deposit required at the time of winning the auction on your own.
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23 October 2024 | 7 replies
Should I do a non refundable or refundable cat deposit?
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23 October 2024 | 11 replies
And she's still responsible for rent until she moves and needs to be out by Nov 30 at the latest.My lease says that they lose their deposit if they break their lease.Do you recommend we keep the deposit or should I let it go?