QUESTION....when considering to purchase an apartment building and reviewing the current lease agreements....is the seller to provide with the deposits they collected or is that a cost you taken on by you?
I'm in the process of buying a duplex and a single family home in MS. They're both already being rented and have been for almost 3 years. I live in a pretty low income area so most rental amounts are around $500-$60...
The idea is this:
Gather investors to build a down deposit amount, pay them a % interest rate for 5 years. Get a 5yr 30yr-amort mortgage and carry the mortgage until that 5 yr term is over.
The question is, can I re...
Hi everyone! I am a renter who just moved out. The lease I signed with our landlord said:SECURITY DEPOSIT: A Security Deposit in the amount of $3,500 (US Dollars) shall be required by the Tenant(s) at the execution of...
I am in the process of receiving a deposit from a tenant on a property. I understand there are state specific rules that are in play here so this would fall in Florida.
Do I need to keep the deposit in a non-interes...
I am looking for investor experiences on best banks to place my small business checking and accounts in Florida, particularly SWFL. I have a great credit union in MN, but transferring my business to Florida and looki...
I own a property in central Florida that is managed by agency for me. The agency was bought out by another group at the same time that I turned over tenants. The out going tenants never received their deposit back and...
Good morning! Here's the situation:I'm under contract on a quadplex. Current owner/landlord is terrible at his job. He says he does not have a lease signed for 3 out of 4 units. It is "word of mouth." He claims they a...
QUESTION: CAN I, LANDLORD, WITHHOLD THE LAST MONTH'S RENT ALONG WITH DAMAGE DEPOSIT FOR DAMAGES IN FLORIDA?I searched previous discussions and couldn't find this question, somehow.The specific story if it matters:Purc...
We rented a vacation rental property in the Ocean Beach neighborhood of San Diego from 1/16/16 - 4/16/16. We paid a $2,500 deposit and $2,500/month for a total of $10,000. Upon departure, we went through a walk-thro...