Hey all I️ have been reading these forums for a while. Really amazing info.

I️ am buying two rentals from another investor and he collected a security deposit three years ago when the tenant moved in. I am buying th...

Hello BP members. I have a question. I just recently purchased a duplex with a tenant in it. But I never received the security deposit from the previous owner. When I asked about it, the previous owner stated that it ...

So, not sure there is a problem but I want to be proactive here. The tenants in one of my properties will not be renewing their lease due a divorce. How would you handle the security deposit? Would you just return it ...

Hello! We are under contract on a four-plex which is fully occupied. The leases mention a security deposit by all tenants. However, on the tenant estoppel certificates, only one of the tenants mentioned that they have...

Over the weekend I heard third hand that, at least in Missouri, security deposits should be in a separate bank account than the main bank account. Supposedly it comes up if you're audited. I was told that you can use ...

Hi All, In my lease agreement with my tenant it reads: "Tenant herewith has paid to Landlord the security deposit stated above, receipt of which is acknowledged by landlord, as security for the faithful performance of...

We rented our 13 year old cabin to a tenant who put nail holes in the pine hardwood floors and also around wooden door frames and wooden baseboards.  The lease addressed this and stipulated no modifications without au...

Hey everyone just a quick question for you guys. My tenant is going to be renewing their lease here in the next 2 months. They were charged a non-refundable pet deposit at the start of the lease. Now that they're rene...

I recently went to my bank where I keep my tenants accounts at to obtain a letter stating the amount of the security deposit ,the banks name and account number that I provide my tenants with. When I inquired about thi...

Hi everyone,

Just wondering what has worked best for holding your security deposits. I am an investor from Missouri and wanted to see if I could get some feedback on where other investors hold their security deposits...