Are You Holding Security Deposits in Separate Accounts?

I've been lurking for a while, but I figured it's time to jump in and start networking. My wife is my investing partner, and we just made our first offer on a rental property. We'd love to get in touch with other I...

We just had one of our investor partners send us this article.  Not sure she realized that by today's standard this article from March 2013 is  old news but I thought it would be interesting to see what those of you i...

Hi Everyone,Quick question on security deposits in Chicago. Can I combine the security deposits of different units into 1 bank account?I understand that landlords cannot commingle security deposit funds with the asset...

For those of you investors who want to become rehabbers or flippers...here's a good "hack" for you. If you want to create massive increase in property value, tearing down walls and having an open floor plan is a good ...

Hi,
Soon to be first time landlord here
I’m asking for a 1 month security deposit but I’m not sure where exactly do I need to put this money. I searched the forums, some answers said “savings account”, some said I c...

My tenant in Chicago send a claim from a lawyer, stating I owe 27 thousand dollars in damages for not returning the complete security deposit.  The security deposit was 10 thousand dollars, she did not pay the last mo...

Hi, I am a management consultant based out of the Chicago looking to begin my real estate investment journey. I have saved up some capital that I would like to deploy over the next couple years in a few properties. BP...

I've been trying to decide where to buy property, and am coincidentally moving to the Chicagoland area soon.I know that Chicago in particular has some problems. High debt, corruption, and is losing population. Also th...

Hello BiggerPockets,My former Chicago landlord just mailed my security deposit back without interest. I know it'd be only about $1 but it seems he should know the procedure for this sort of thing and should not be tak...