How do you handle security deposits? I know that they are placed in a seperate account, but I am wondering how to account for non-refundable pet fees? Can I treat this as income and move it to my day-to-day checking...
Must the Security Deposit be placed in a bank in the State (FL) in which the rental is? In Florida?
Hi all, So I rented to a boyfriend/girlfriend and they are both on the lease. They broke up and we have identified a new tenant to take over the lease. The ex-couple is fighting and they both think that they are enti...
Inherited a 14 year tenant. She passed away. Family is asking for the security deposit. All the carpets in the whole unit need to be replaced. Is that normal wear and tear? I wasn't there 14 years ago when she moved i...
This is a question from a friend,so I don't have all the details. Their tenant claimed the apartment was unbearably loud from other tenants, so the owner tried adding carpet in the unit above, enforced quiet hours et...
So we found a prospective tenant that we like but she is going on vacation and i will not have time to get her underlease before she leaves. Is there some type of retainer agreement where she leaves a deposit and if a...
Hello,I'm new to real estate investing and I just recently purchased my first duplex. I live in one side and rent the other. I am wondering, since I am not using a third party property manager, how I should store the ...
How does everyone handle getting a deposit to hold a property for an applicant? I have a tenant moving out at the end of the month. I listed the property when I received his notice and I have a qualified applicant rea...
Hey, BiggerPockets!We currently own several properties in Pennsylvania and rent them out to tenants. Recently we had a lease end and tenant move out. We performed the move-out inspection and had to withhold $200 for c...
Hey BP,
I have my website up and going.
If someone wanted to receive a property through and assignment should I receive the non-refundable deposit through pay pal or should they send it to the title co?
Thanks for y...