Tim Marshall
Garage security deposit
What is an average security deposit for a garage rental?
B Lacy
Earnest money deposit
I know they say it take little to no money to start wholesaling but my issue I keep running into is everytime I find a good deal they want a 3000 emd deposit and I dont have it starting out. Is the Emd always 3000 and...
Ronald Cooperman
Missing Security Deposit
Buying a tenant occupied SFR from seller in bankruptcy. The current owner had misappropriated the security deposit. We will inherit the lease. Are we liable to return the security deposit when the tenant moves out?
A...
Jay Libowitz
Charging tenant’s deposit
So I spent $3.5k on painting my rental unit before a tenant moved in. House is in perfect condition. Tenant moves out and there are scratches on the walls. Nothing crazy, but definitely noticeable. I get a quote to do...
Matthew Mello
Security Deposit Return
So I just had my tenant move out after approximately three years. All in all the damage was very minimal and most of it just needed fresh paint or cleaning. Aside for some of the structural damage done, the oven was a...
Daniel Alegre
Security deposit negotiation
So we finally found tenants that have good income, great credit, no eviction or criminal records, and plenty of money in savings. But for some reason now they don't want to pay a month and half security deposit, they ...
Lilla Horvath
Bookkeeping Security Deposit
Is a security deposit regarded as income for bookkeeping purposes? I'm using Excel spreadsheets for now to do my bookkeeping. How do I account for the security deposit without inflating the cashflow? How do I account ...
Constantia Petrou
Security Deposit Question
Hello,This community has been so helpful and I have learned so much from your advice! This time I am facing a dilemma with regards to charging some damage I incurred when my tenants' moved out as a result of their lo...
Rhoda Tettey
Security Deposit Refund
Hello Everyone,I have been a landlord for a year now. My first tenant just moved out after a one year lease. He has cleaned the house and there was no damage in or outside of the house. His security deposit was held i...
Kevin Sullivan
Security deposit issue
I recently purchased a 4 unit building using seller financing. The previous owner and mortgage holder claimed he did not receive any security deposits from the tenants, thus no deposits transferred to me upon closing....