Trever Good
Wholesale foreclosure with tenants
21 December 2022 | 4 replies
How can I determine status of security deposit?
Shardina R.
LLC MY 1ST HOUSE HACK
19 February 2020 | 11 replies
He was sued for negligence.I followed the case as my employees were called down for depositions.
Christopher Dahl
Adult ‘occupant’ options.
1 February 2020 | 3 replies
Also can I legally require tenants to put down an additional security deposit if occupant has history of property damage or no background?
Carson P.
Inherited Tenants - M2M - Handling the Transition
5 February 2020 | 8 replies
The current landlord collected a security deposit of one months rent.
Ryan Redenius
Paying out security deposit interest in Chicago
4 January 2020 | 4 replies
I took security deposits equivalent to one months rent.
Sami Gren
how do you go about credit scores etc. low credit market
30 January 2020 | 9 replies
I look for the best applicant.Someone that has had same job for a couple years, someone with more income that can pay the rent.If I have to give a little one one of my criteria then I get a larger deposit, usually 1.5x the rent or first, last and security.Sometimes you have to keep looking to get a good applicant.I have been luck I usually get 30 people inquire and 4 or 5 apply.Section 8 can offset a low creidt score since their rent or part of it is guaranteed by the government.
Blake Reynolds
Tenant Water damage issue
26 April 2017 | 6 replies
Am I justified in using his security deposit to repair the damages?
Tyler Helton
question on making an offer... (newbie)
30 April 2017 | 5 replies
In our area, preapproved letter from a major lender or a credible local broker, funds for down payment, deposit check, release of most and if not all contingingiences.
Peter Darby
About to show my first rental
31 March 2017 | 6 replies
Ask if they currently have the cash for security deposit and first month's rent.Ask why they're moving and when they plan to move.Ask if they are indoor smokers, outdoor smokers, or nonsmokers.Ask if they have pets.Ask if they have ever been evicted or late on rent.Ask if they've ever taken a landlord to court.Ask if they've ever had trouble with bedbugs.Lots of these questions can be on an application really.The following isn't exactly what to ask them, but good tips seeing this is your first rental:Typically, the longer their story to you, you'll find the more they're hiding.If a couple breaks up or roommates fight, don't let them make it your problem.
Adam Ulery
What to do about cash reserves for big apartment deal?
27 July 2017 | 9 replies
As a part of the raise you need to ensure that you budget for cap reserve, closing costs, funding the operating account, first years insurance, utility deposits, and other contingencies.