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Hi BP,I am an aspiring real estate investor who currently rents. I recently moved out of a house in Cuyahoga Falls, Ohio that a friend and I rented for 2 years. When we moved in, we had to give a security deposit of $...
Hello,I've recently signed a lease with a new tenant. I made the mistake of accepting a personal check for the security deposit. I now know never to do this, please spare me and help with my current issue at hand. Th...
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My tenants are moving out and I sent them a letter informing them of the process for the move out inspection as well as returning their deposit. I asked for a forwarding address to send the deposit via certified mail...
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Hi BP Family I hope everyone is out there safe and taking care of others the best they can! So I have potential tenants that passed all qualifications and seem to be great people. They want to move in middle of month ...
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WA state requires the security deposit account separate from your other bank accounts. As a new rental property owner, I'll create a new account for security deposit. Wondering though if I can use the same account to ...
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Are "deposit insurance" instead of security deposit companies legit?
The programs where tenants pay a smaller amount/fee to "guarantee" a security deposit? The ones where tenants buy "insurance" (if that's what it's ...
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I am looking for a bank that holds tenants security deposits and automatically pays the interest directly to the tenant annually, see the rest for description.Hello, I am a first time property owner and am trying to f...
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Hello,I recently had a tenant who has relocated abroad. Since the forwarding address will be outside the US, and difficulty converting a US dollar check to local currency, he has suggested I deposit the security depos...
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Hi everyone ,
I am just curious to know the deposit money can I just to an LLC business account . Or has to put a separate account that's for deposit only?
Do we have to make things so complicated ?
Thanks