Hello, lived in SC now out of the area. Landlord did not indicate she was sending back security deposit until 34 days after end of lease. SC statute says: -----------------------(a) Upon termination of the tenancy, pr...

So a bit of a weird situation.  I am about to close on a multi family property that currently just has 1 tenant in place.  I just received the information on the tenant from the listing agent/property manager.  In the...

Hi,
I've got a general question that I could not find on here. I apologize if it has been asked previously. Generally speaking, if a rental owner decides to end his/her professional relationship with a property manag...

I have a tenant who paid first and last month's rent ($800) when she signed her initial lease. She's scheduled for renewal in June and she has expressed interest in doing so. Rent would be going up to $850. Does her o...

I do not intend to charge my tenants a pet deposit or monthly pet rent. Was thinking of a pet fee in the amount that a deep clean would cost? Carpet cleaning and house cleaning. Would $250 be reasonable and if the cle...

It's really important when you become an investor to know your rights as an owner as well as the rights of the tenants. In Chicago, the law favors a lot more for the tenant's rights than the owner's rights. Because of...

One of my tenants is coming up on their first lease renewal, so if they decide to stay, it will be the start of their second year. I currently hold 2 months of security deposit for them. I understand that after the se...

I am in the final stages of purchasing a fourplex in Virginia and wanted to see if others had any thoughts on what my options are. In the future, this will be a question I add to my diligence checklist, but in this in...

Should I start charging two months rent, the maximum legal amount in California, for the security deposit before a tenant moves in? Or, will that be too much and scare off potential tenants?Previously, I've always ask...

Hello BP community,
I'm closing on my first investment property this month and have lined up a tenant for one year. My plan is to collect one month's rent as a damage deposit. That seems to be a standard approach, bu...