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Has anyone allowed tenant to put down low security deposit and pay as you go to the full amount? For example security deposit $1000 they put down $200 and pay extra $100 a month towards security deposit.
Would like t...
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I closed on my first property a few weeks ago and have somewhat run into a snag and would like some advice how to handle the situation. I now own a 3 flat in a good area in Chicago. The main large unit is rented out...
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Hello guys! And happy Thanks Giving!I purchased my 1st rental property in 09/2022 in CA with tenants with a lease expiring in Dec, 31 2022. I would like to get your answers in the following questions.1. Can I increase...
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I rent a house and sublease two rooms in it. Its pretty unofficial. No paperwork, in three years I've had six people come and go and its always worked out really well. No issues.
After my last roomie moved out an...
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Hi, my tenants just moved out and the property is a complete mess to the point where a full rehab may be needed. The security deposit is approximately 10% of total repairs so it won't cover most of the damages. What's...
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I just purchased 24 units (three identical 8-unit buildings) that share a parking lot. I've been at the property a lot in the last couple of weeks, and tenants are telling me that a group of teenagers will bust throu...
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hello all,Bought a MF in 2014 and now I am filling out the tax forms!On the HUD-1 settlement form, I received a credit on the purchase of the MF for the security deposits and the rent collected from the beginning of t...
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Does Indiana limit the amount you can charge for security deposit? I want to charge a potential tenant with a german shephard a security deposit of $1,000 for a place that rents for $750/month. Does Indiana limit th...
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Should the check be made payable to everyone who signed the lease? Boyfriend and girlfriend signed the lease. When I return the security deposit should I make it payable to both of them or just either one?thanks