Roland Park
New potential tenant wants to sign lease early
Good evening,I have a tenant who’ll be moving out at the end of June. I have someone lined up already for the property. They’ve already given me the application and I’m in the process of screening them. If all checks ...
Bryan Mills
new landlord/"new property" low rents and no security deposit
New investor here "closed today" on a duplex...YAY!!! I want to make sure I am taking the correct steps. Current tenants have low rents and seller did not require a security deposit. To cover my butt I realize I need...
Mariel DeVito
How long do you wait?
So I offered a lease to a potential tenant. We both signed the lease on Saturday. She said she can give me the deposit on Monday. It's Tuesday and still no money or response from the tenant-to-be. Move in date is ...
Mark Suliman
$1350 should I do return or keep
Hi BiggerPockets I need your thoughts on this situation, I have a tenant in sfh (good tenant always on time with payment ) his lease was up November 30, the lease has a month to month clause, and 60 days written noti...
Peter Green
Interest on Security Deposit in Sacramento
I have a tenant in Sacramento, CA requesting interest on his Security Deposit.He claims the last property management company gave it to him.My research has provided me with the following...Paying interest on security ...
Vic Stezin
Has any one heard of a landlord requiring a W-9 from a tenant?
I am curious what the purpose of requiring a tenant to sign a W-9 might be. I have never had to do that when I rented before. The landlord is saying their bank requires it.
Erin O'Connor Smith
What payments do you require at time of lease signing?
Just found a tenant and signed a lease, but he says he can't make payments until he receives his deposit back from his current lease. He screened well with good landlord and professional references and great income to...
Account Closed
Requiring First & Last Month for Month-to-Month Rental Agreement (CA)
My own current month-to-month rental agreements I propose are pretty simple (KIS is my philosophy when it comes to paperwork, etc) and require minumum 30 days advance notice from either party of vacating unit. Same in...
Erich Oertel
First month, last month, security deposit?
I am renting my property for the first time. Normally, what’s collected prior to moving in? Is it first month, last month, and a security deposit? I’m getting mixed advice. Some say just first and last month, with no ...
Account Closed
1st + last month + security deposit too much for a $2.1k/m rental
Hey BPers,I have a rental I want to price at $2.1k/m.My question is: Can the average renter really come up with $6.3k up front to put down?Maybe it's better to do 1st month up front + like a $3k security deposit inste...