Cameron C.
Handling Security Deposits for a House Hack
Hey BP,
So I just reached an agreement on my 4BR 2.5 bath house in the Southside of Pittsburgh. I've been renting the property for the past 2.5 years and will essentially be turning my roommates into tenants after we...
Brad Simmons
Security deposits, cash reserves, syndication payouts, etc.
Several related questions...Are security deposits considered income when determining NOI? Are they expenses when they are returned? When you buy a property, should the seller turn over those deposits in cash after the...
Brian Pleshek
He Should Give Back the Security Deposit
Ok, so my son has a situation where a lease was up and he went over to deliver a new lease to extend the tenant's term as he appeared to be a good tenant and found an interesting situation. There was a woman in the p...
Noam Ofan
Landlord Charging too much from security deposit
Hi there,I have a friend who just moved out of a rental and his landlord charged him for cleaning and repairs down to the penny. The PM of this landlord gave his opinion which is - everything was left in great conditi...
Lee L.
former tenant sends lawyer letter over security
So, long story short, I am confident that my with holding of a portion of the security deposit was correct and accurate, and that it was done in the lawful time frame. I get this letter saying really a bunch of nothin...
Therese V.
Social Security numbers when running credit checks
I have been running in to people that use social security numbers that indicate multiple people are using them when I run the credit report. Is this something that happens often to any of you? How do you factor that i...
Ankan Basak
Tenant asking security deposit to move out
Havent gotten paid last 2 months. Issued notice of termination as I also found out the unit is not legally rentable. The tenant asking for one-month security deposit back so he can pay for the next place he will be mo...
Misty Rossman
security deposit and early lease termination fee
Las Vegas, NV> We moved out of our rental property early (by two months) with an agreement to pay $2,850 early termination fee. We have a refundable deposit of $2,700. We did a move out walk through with the proper...
Bruce Lynn
Security Wifi Hotspot and Ring or Cameras
Do any of you set up basic security for your rehabs and vacant rentals. Maybe using a Wifi hotspot and ring doorbell or other similar features? If so can you tell me what vendors you use and what setup you use?
Craig Moreau
Sublet to Tenant with No Social Security
Hey BP,I ran into a scenario where a tenant is moving out of his unit from now until the end of August. It is a three bedroom apartment so there will still be two other tenants in the unit paying the rent they agreed ...