Albert Johnson
Tenant wants to remove light fixture
2 October 2024 | 10 replies
I would charge it now so that it doesn't need to come off the deposit at the end leaving you with more deposit for any other damages.
Rong Liu
Anybody uses OneRent Property Management (bay area)
7 October 2024 | 35 replies
Our average online rating is 3.5/5, which is 60% higher than the 2.2 star average of traditional property managers.Sometimes we need to make a tough decision in favor of one side of the landlord-renter transaction and at a negative impact to the other side (i.e. deducting security deposits).
Jesse Scriven
Step by step set up for Tenants
3 October 2024 | 1 reply
It's also wise to check references from previous landlords to understand their payment history and behavior as a tenant.Once all the information checks out, you can proceed to signing the lease and collecting the security deposit and first month’s rent.Good Luck!
Jose Quinones
What’s your process to bring in new tenant?
2 October 2024 | 11 replies
In my experience it helps keep pre-applicants organized and is an actual sight with a google-able name so it doesn't seem as scammy.The background check and credit fee is $30 paid by the prospective tenant but I always tell people applying for my units ahead of time what my credit and background requirements are and that if they pass those qualifications (plus the reference checks) and sign + pay the deposit that I will reimburse them the application fee.
James Harryton
What do I do next
4 October 2024 | 12 replies
1) Smart, successful value adds that would allow you to extract sweat equity. 2) patience to save up the deposit via you income.
Brandon McCombs
Ohio - if a co-tenant moves out whose responsibility is it to ensure lease is updated
1 October 2024 | 12 replies
You also should have dealt with the security deposit which belonged to BOTH of them at the time.
Bradley Miller
Tenant is demanding 50K in reparations!
1 October 2024 | 5 replies
Still, no.The next day she feels 10k is reasonable.I initially was inclined to help her with a new bedroom set, and return of security deposit along with not charging the month of september while she finds a new place.My responsibility or not, amicably helping a tenant vacate quickly is in everyone's best interest.
Austin Lukes
Class C Tenant Criteria
4 October 2024 | 7 replies
I have some auto-denials in the "review phase" based on landlord reference such as numerous late pays on rent, numerous documented lease violations, and move-out damages exceeded collected deposit... but still have yet to enter the "landlord reference/review phase" of my screening process due to the details on their CBR's as noted above.
Ian Stuart
Freddie Mac SBL & Fannie Mae Small Loan Financing - Multifamily Apartments
4 October 2024 | 10 replies
They're like bank & credit union loans... but with (i) more leverage, (ii) more interest only, (iii) [typically] lower rates, (iv) non-recourse structure, and (v) no deposit requirements / no requirement to start "a relationship".
Shawn C.
KeyCheck used for MTR Owner-Occupied SFH (1 tenant with own 1bdr/1bath)
2 October 2024 | 3 replies
For example, there's an Employment Verification Form, Forwarding Address Form for Deposit Refund, and so forth, that you can request your tenant to fill out.I want to make sure I'm not missing anything (as well as protecting myself) but also don't want to over-burden the tenant.