I'm about to purchase my first deal, a multifamily quad. There are a couple tenants living there now which means I will be receiving their deposit money. My question is, do I need to keep that deposit money in a tru...
Hello, my first tenants just moved out. I'm located in California and I'm not sure what I can deduct from their security deposit. Can you guys take a look at my pictures and let me know if this is normal "wear and tea...
FLORIDA (FL).My tenant has cashed his security deposit refund less deductions and now wants to sue me. Can he sue me for the entire amount of the initial deposit or only the difference?
More and more Utility companies make it the responsibility of the landlord when the tenant has an outstanding utility bill at move-out even so the lease mandates for the tenant to be responsible for the utilities. Has...
Am I able to deduct monthly late fee/charge from security deposit due to fact that a tenant was consistently late paying? thanks
So I have this scenario:Tenant early termination, fee = $800 (equal to one month's rent)Security Deposit = $700 He is entitled to security deposit as per condition of unit, however he has not paid the early term fee, ...
I had a month to month tenant in California move out without warning on the 4th in order to avoid paying rent on the 5th.
She told me to keep her deposit ($450), to cover her moving out and a hole that was left in ...
I have noticed over the last year a spike in HOA security deposits. I used to work in real estate and remember whenever had a rental, typically a tenant would be screened and charged an application fee, usually $50-$2...
What's up family!
Had a quick question... Once you have house under contract and find a buyer for the home, I have been told you need to get a non-refundable deposit from the end buyer. My question is what do...
Hi Guys,
I have a question about a security deposit. A tenant whose lease is almost up owes a small additional amount of rent (a lesser amount than the security deposit) for part of his last month. Does the...