So this is just a throw it out to the world conversation.
Say you have an annual tenant and they were renting for 700 a month, and your security deposit is also equal to 1 months rent. When you renew that person f...
Let's say 1st year lease was $1000, and the 2nd year it's $1050. Should I just consider a last month payment of 1000, or I can ask for additional $50?
Hope this is the correct forum to post it.I've used QB online for a few years now and like it. But just recently I had 4 bounced checks from tenants. (Two tenants, bounced checks twice - ugh) I use the method of each ...
I’m a landlord in New York. I have a tenant that was paying $2000 for two years . She moved in her boyfriend with out telling me and I decided to increase her rent. Her new rent Is $2200 Is it appropriate to ask for 2...
Just acquired a 8 unit. 7/8 tenants are staying with a 15 to 20% rent increase per door. New leases will be filled out. Should I have the tenants drop another security deposit for the new 1 year lease agreements even ...
I'm using an FHA loan to acquire a duplex. I'm a few days from closing and when the title company sent out the settlement sheet with the security deposits and prorated rents as a credit to me from the seller my bank w...
Easy question:If I am putting an LLC in my offer to purchase a home, does my escrow deposit checks have to match my LLC name? Or can I pay the escrow deposit with my own as well? The reason is because I haven’t set u...
Hello,
I am a newbie renting my first condo. I have a great new applicant , seems very nice, that states they own their own business. They have five-star, glowing reviews from past landlords; paid on time, quiet, et...
Good Morning BiggerPockets!I work with a management company and team of investors in the Philadelphia area. We have received mixed feedback on security deposit/last month increases that go along with annual rent incre...
Hi, I'm a newish landlord and could use some advice.I have a tenant moving out this month who has generally been a good tenant other than she is moving out a few months early (although our market is super hot so not a...