Are there other options to charge a Move in and Move out fee versus charging a security deposit and then paying the interest fee on the deposit.
Good Morning! This is my first time posting in the forum. My husband and I are starting a real estate investment company in middle Georgia. We had a house, and we were hoping to get a section 8 renter into the home. W...
Hello everyone,For someone who starting his REI journey I would like to hear from other what are the common securities you are requesting from new tenants upon signing on a lease?Do you request first and last month re...
All, In talking with various investors, I understand that in certain states security deposits must be maintained in cash, cannot be invested, and accounted for in a separate account. Thus this would tie up tens of th...
Hey all-
My husband and I are currently trying to buy our first home in Southern California. We found a short sale and put in an offer at asking price. The sellers accepted our offer. I'm assuming the offer is now on ...
How do most landlords track tenant security deposits and refunds? Do people just use a pencil and paper or is there specialized software for this? Or is there a third hidden option?
I am always looking for ways to leverage. As a landlord, the more properties you acquire, the more cash you will have to deal with and store. With every rental comes a sizable security deposit that you will hold ont...
I am closing on my first duplex on Monday and it comes with two inherited tenants. The previous landlord required security deposits, but his lease allowed him to deduct late rent, late fees and unpaid utilities from ...
I'm in Texas and I have 2 rentals. I have both houses leased but I don't have any specific place where I've saves the security deposits. What exactly is the legal protocol I need to be following with regards to the se...
What does state law say about this?
Due to damages exceeding the security deposit all funds will be retained by Foundation Property Management, LLC. This does not exclude the resident from future obligations to pay t...