I have a tenant moving out soon. When doing the walk through we noticed there was a steady leak at the kitchen sink that the tenant did not report. This resulted in having to replace the cabinet. I believe this damage...

Hey BP family,

Wanted to reach out to you guys here. Question I have is that I just closed on his duplex, and one of the tenants is not renewing her lease and is suppose to vacate at the end of this month. From my un...

I'm buying my first 2 unit rental this week. A question is come up about the security deposits. The question is, do I need to keep each individual's security deposit separate, in separate accounts? I was talking to t...

I have a tenant that's moved out and I've been doing much of the repair work myself.  The tenant had a cat that used all of the carpet as a litter box.  I had to pull all of it out except one bedroom.  I had my handym...

I applied for an one BR apartment at a community in CA. The leasing manager was able  to convince me to deposit the holding deposit check the same day even before filling my application form. I submitted the check aft...

Hello BiggerPockets community. I recently bought my 2nd investment which includes a tenant. The lease received from the prior landlord states that the tenant did not give a security deposit, her lease is up for renewa...

Am I legally able to take a conditional nonrefundable deposit from a section 8 tenant to prevent her from renting some place else other then mine during/after her end part of section 8 paperwork processing stage (prov...

How do people here handle sec. deposits? NY requires me to put them in a seperate interest bearing account in the tenants name. Is the account just a regular savings account or something different? I was thinking abou...

Hi, i'm in the process of creating a lease with an attorney and I need to give them an answer regarding how i want to recieve rent money from my tenant. I put a clause asking for my rent to be directly deposited in ...

Hello BP friends... A quick question:
Do we always need a earnest money deposit "EMD" in a wholesale transaction?
Thanks!