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4 October 2024 | 5 replies
If you are showing monthly deposits of the same amount each month that are in the amount of a rent, you would need to show where that money was coming from and going to, as in which address it applied to.
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5 October 2024 | 15 replies
There are several types of fees on Airbnb specifically: -Airbnb service fee, cleaning fee, extra guest fee, pet fee, security deposit, VAT (if applicable), and local taxes.
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4 October 2024 | 2 replies
In most situations the tenant is 100% responsible for the initial security deposit payment, and any recurring utility charges.
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2 October 2024 | 1 reply
I accepted a prospective tenant's lease and deposit after doing due diligence.
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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).
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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.
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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!
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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.
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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.
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1 October 2024 | 12 replies
You also should have dealt with the security deposit which belonged to BOTH of them at the time.