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I'm getting ready to rent my first unit in the duplex I just bought. I can't decide what to charge for the security deposit and whether or not to ask for the last month's rent up front. I don't want to scare people aw...
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Hi Everyone,Quick question on security deposits in Chicago. Can I combine the security deposits of different units into 1 bank account?I understand that landlords cannot commingle security deposit funds with the asset...
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Good evening everyone,I close on a property today in the Cincinnati area that I will be having some repairs done to make it rental ready in about 40-45 days. The property had the electrical & copper stolen last ...
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I'm curious how other landlords handle this. After a move out walk through is completed with or without the tenant, how do you: 1) Evaluate what to charge them for? How about if you do the work yourself?2) What not ...
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This hasn't happened to me yet, but what if the property management company I hire went bankrupt and could not give the tenants in my rentals their security deposit back? Would I have to come up with that money?
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Hi Guys, I have a quick question that I am hoping someone can answer. To make a long story short. I have a tenant whose lease expired in August. I specifically let them know via certified mail in August that for the m...
Hi guys, So, I am a recent tenant that moved out of a Los Angeles, CA unit (2737 Francis Ave) owned by LBJ Realty Holdings, LLC and Hollywood Fountain, LLC and am curious if any tenants/ landlords here can explain thi...
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I am curious to know how people handle security deposits for a lease option. Meaning, you are getting an option payment that is nonrefundable, what if they don't buy but want to remain a tenant. I am doing one here ...
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Here is a question for my fellow investors. Several of my tenants are in my rental houses for now over four or five years. I was able increase their rent over time but it is still about $150 or so below market. I am o...
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We had a tenant just vacate without leaving a forwarding address. They also didn't even attempt to clean and have exhausted their security deposit to the extent that they owe us money. They owe $2500 more than their s...