Ross Hayes
Pet Fees & Any different concerns for cats?
HelloWe are in the process of trying to lease out our second SFH rental property. We have previously had a firm no pet policy. However, we are seeing a lot of interested individuals asking about allowing pets. Our ...
David Scharler
Pet rent vs pet fee in Seattle
Hi, I'm thinking about charging pet rent instead of a non-refundable pet fee. Does anyone have any experience with pet rent? Can I just update my pet agreement and change the language to a monthly payment or do I need...
Bob Asad
How do you prevent co-mingling of funds?
If I have 2 rental properties and charging 1st, last, and security; can I take the last and security for both places (combined) and put them into a Bank of America savings account?In other words, I already have a chec...
Frank S.
Security Deposit, Check Not Cashed
The Chicago Ordinance is very strict as it relates to security deposits for non-owner occupied properties. Many, request move-in fees instead.What happens when a check used for the deposit is not cashed? Is that a v...
Marty Gold
PA Law Question - Security Deposit
The PA law reads, ""Escrow Funds Limited:(a) No landlord may require a sum in excess of two months' rent to be deposited in escrow for the payment of damages to the leasehold premises and/or default in rent thereof du...
Al Smith
Deposit return an letter
If I need to send a certified letter with a lot of paperwrk,to a tenant who moved out an wont give new adress ,can they use a lawyer to receive these documents .It confirms the $ an invoice of cost deducted from sec...
John Herte
Low Credit Scores - Higher Security Deposits?
I have a minimum credit score requirement of 650 of all applicants, 2.5x monthly rent in documented income and positive background checks. If they don't have this score do any of you charge a higher Security Deposit ...
Anthony Greene
How do I Handel a deposit for a (very)short-term tenant
I just purchased my first multi family on 9/12 which came with a tenant who will be moving out on 10/1. I was cut a check for the tenants deposit. I know that by law I am required to put the money in an interest barri...
Qili Wang
Having issue getting back deposit for a probate auction.
I recently attended a probate sale and it required 10% offer price of deposit to be elligible to attend the bid. I didn't win. The issue is it has been 11 days and I still did not get my deposit back. My agent said th...
Philip L.
Security Deposit Rules
I understand that the security deposit needs to be in a regulated financial institution account - I currently put them into my company's chase business savings account - is this good enough or are we required to open ...