I have a lease coming up due and the lease agreement has 2 people (not related to one another) on the lease with an initial security deposit of $1000. The lease agreement didn't clarify how much each of them contribut...

I recently purchased a new property. One of my tenants wants her $300 depot back, she had this lease agreement with the previous owner 25 years ago. He is in Thailand and she has no idea how to contact him. She also h...

Hi all! I am new to the Bigger Pockets Platform. I am inquiring if anyone has a streamline system that helps them collect a deposit and first months rent electronically instead of the old school cashiers check ect.. I...

I understand that the security deposit needs to be in a regulated financial institution account - I currently put them into my company's chase business savings account - is this good enough or are we required to open ...

Hey BP community I am new to real estate and I have am become very interested in using wholesaling as an investment strategy. I have currently been looking over several purchase and sale agreements used for wholesale ...

I know there are a few options that replace collecting a traditional security deposit. Is anyone familiar with these and would you recommend them? I currently charge deposits that are $50 less than the rent if it rent...

Hi All,  I’m in Colorado, have a tenant moving out of my SFH this week, have a hunch it’s not going to be as clean as it was when they moved in.  I plan on using some of their security deposit to hire cleaners, after ...

Here is a email my property manager sent me after I moved out saying we will be getting are deposit back. The next day day I get a phone call saying he has to get his painter over to repaint and the deposit will be ch...

Hey guys. My sister was renting an apartment in downtown Denver. Per the lease, the leasing company had 60 days to return her deposit. She just received a letter from them, 71 days after stating that they are not only...

My tenant changed out the thermostat in the unit (a lease violation) which caused the heat in the unit to not function. He complained to me, assuring me it was not the new thermostat, I called a plumber who charged...