Hello friends! New to this area and I’m trying to figure out what the standards and laws are for things claimable on security deposits. Specifically looking north toward Vienna/Arlington area if it makes a difference....
I just purchased my first investment property, a triplex in Baltimore county. I have inherited wonderful long term tenants. The seller mailed me their security deposits plus interest and now I am wondering: A) recomme...
I haven't done a security deposit return for years, so I tried this one on a new to me spreadsheet. The main problem was dog odor. Do my deductions seem reasonable, in line with currently higher labor rates?1328 Illin...
What are the tricks and traps that tenants can use when they pay directly into your account electronically?Currently, I use electronic direct deposit because I like not having to deal with late rents. But, now, I'm f...
when writing a contract to purchase for wholesaling do you actually write a check to the seller for the deposit or write it in the contract offer ?
I have potential tenants for one of my properties in New Jersey. However, due to medical problems (i.e. cancer), there are collections/judgements on their credit. They are really nice and neat people. They are aware o...
If you put a house under contract for lets say $3k EMD, and then you end up assigning the contract, how does that $3k get back to you? Do you add it to the assignment fee or does the deposit come back to you once they...
Can anyone tell me what the laws are around tenant security deposits in the state of NY? For example, is there a recommended account for holding? Also, what do I have to do with the interest earned if keeping the moni...
Why is it that property managers generally hold security deposits in their own account? Isn't this a big liability to the property owner to have no control over this money? Is it just an industry standard or is thei...
I have someone coming to bring a deposit to put my rental on hold for them for March 1st. Which is about 3 weeks away. $500 of the deposit is non-refundable. If he ends up changing his mind and wants to refund his mon...