
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.

4 October 2024 | 2 replies
In most situations the tenant is 100% responsible for the initial security deposit payment, and any recurring utility charges.

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).

2 October 2024 | 1 reply
I accepted a prospective tenant's lease and deposit after doing due diligence.

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.

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.

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!

7 October 2024 | 190 replies
Kraken, a large crypto exchange, was given a banking charter license in Wyoming, where they are opening a physical branch, which will hold 100% deposits in cash reserves.

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.

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".