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Any insight on using a tenant's security deposit as their final month's rent?After giving notice that he and his family are moving out of the building, a tenant asked if he could surrender his security deposit to cove...
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Being sued by former tenant for not returning security deposit. Part of the deposit was actually sent by certified letter but never claimed and returned back. After month and the half sent another one. Tenant claimed ...
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Hi guys,So I evicted couple of tenants for nonpayment and I have a question about returning security deposits.I bought this fourplex from a seller and he did not provide any move in inspections reports. Therefore, wil...
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Good morning,I am new to bigger pockets. I joined an investing group about 2 years ago and received little help or assistance. I am a bit weary about this.I do not have much money to put down and I know that most pr...
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My husband and I are in the process of closing on our first rental property! ( woohoo! :) ) It is a duplex, with one side currently rented. The renters have been living there the past 10 years, so there is quite a bit...
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Hi, I've just received several tenant deposits for my first home. I read that you are supposed to put security deposits into an insured savings account that bears interest.
Does this mean any type of savings account...
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Hi,I've just put in a backup offer for my first investment property in Oregon. It's a Single Family Residence (SFR) with an Accessory Dwelling Unit (ADU / Grandma Unit) in the back. As much as possible, I'd like to ha...
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In Pennsylvania, tenants who occupy a rental unit over 2 years are entitled to interest on the security deposit. My tenants signed a 1 year lease, then a 6 month extension (actually titled “lease renewal”), and then a...
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Hello All,I am a newbie investor and would appreciate your answers to a question I have ...I have 3 rental properties and have a total security deposit of approx. $6K from these 3 properties.Let us assume - not all m...
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I am in CA home is in NM. House rented 18 mos ago, tenant vacated 6/21/11. My lease is 10 pp, states tenant responsible for ALL repairs on property. Tenant returned to AZ. Home is 2000 sq ft 4/2.
Tenant said I coul...