Nicole Lynne
Security deposit return and small claims
So i recently rented a home, after 38 days i was returned a portion of my security deposit and an invoice for repairs for which the other part of my security was kept for. I objected to these repair claims, sent a ce...
Michael Weis
Safety/Security of a reno property
Hi everyone. Just wondering what some of your strategies are for keeping properties safe from vandals, thieves, squatters while they are undergoing renovation or vacant in search of a tennant. This includes the exte...
Vishal P.
Illinois Rules - Eviction, Security Deposit, etc.
For investors with experience and knowledge for Illinois (specifically DuPage county) rules, I am looking for some insight on the below:- Can security deposit be forfeited if lease is broken (either by not paying rent...
Benjamin Dutil
Security Deposits and Last Month's Rent
I'm getting ready to close on 2 duplexes that already have long-term tenants in place. I know that the deposits and last month's rents will be paid to me at closing however they are currently under market rents and I ...
Christina Tkacs
Security deposit from an inherited tenant
I'm buying my first duplex and we are closing on January 1st. We are inheriting a long-time tenant (I've read many posts about the ups and downs of inherited tenants). This tenant moved from side A (where he's lived...
Jonathan Frausto
Secure Money as Hard Money Lender
Whats up BPThere's a new investor that brought a deal to me to see if I can finance it. My question is, if I'm going to be the HML in this project, how do I LEGALLY secure my money in the property? How do other HML do...
J.Paul Piccolo
Which partnership provides the most security?
I am considering an investment and want to set up the correct legal partnership (LLC, S-Corp, etc). Taxes are a driving factor but more importantly this partnership would be to protect our investment from one partner...
Ryan Dula
Verify VA or social security income
Hey guys,Just wondering if anyone knows how to verify income for a tenant applicant that is older and says their only source of income is social security and VA benefits. Do you just take their workd for it or reques...
Steven Segal
Florida Security Deposit Rebuttal Follow-Up
When a tenant sends in a rebuttal to a security deposit, what happens after that? Does it just sit there until statute of limitations is reach? And when would that be?
Nick M.
Background check without social security number
Hi all,I have a property in an area that has a fairly large immigrant population. Many don't have a social security number but they do have a passport. Does anyone have a recommended approach to doing a background c...