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I am working through an analysis on a SFR and I am researching realtor.com and Craigslist to make an informed decision on what I can expect to get in rent. As I am getting closer to acquiring my first property and pl...
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I have a past tenant of mine, who filled a claim for unreturned security deposit. Below is the situationShe broke the lease before the 1 year term. She violated the lease by having pets and when i enquired she was not...
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What are the minimum standards you set for tenants applying for your rental properties? Obviously following fare housing laws. For my area it is a lower income area. Not the best part of town.
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What requirements do you guys have for when the tenant moves in for the money to put down? For example do you request first months rent, last months rent, and a security deposit? What is the security deposit usually e...
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We have recently had a potential tenant put down a deposit to hold a unit. After receiving the deposit, the future tenant has become demanding and unwilling to work with us on scheduling a lease signing. We think the...
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In Virginia, the maximum deposit a landlord can take is two month rent. I have a lady recently went through a messy divorce with bad credit who is interested in my property. She told me upfront that she has bad credit...
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After way too much frustration, I decided to switch property managers, but the process has been a nightmare. The old property management company said they needed 45 days to close out my account. They did send me the f...
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Are You Holding Security Deposits in Separate Accounts?
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As we've grown to 120 units we continually struggle with managing the utilities for our rental units. Starting, stoping and transferring service has become quite time consuming. I have tried reaching out to utility ...
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What do you think about deposit-free options for residents such as security deposit insurance? Have you tried this method in your rental business?