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Have in interesting scenario. Put the property on the market for rental, did an open house, found some renters that we liked. Took it off market. They submitted their security deposit, but have not signed the renta...
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As a professional property manager, I'm coming across an interesting trend related to institutions providing financial assistance for tenants who have trouble paying their security deposit and I would love to hear fee...
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First tenant turnover I am having at a property where I secured the tenant this far in advance. I feel like I should get some kind of deposit at the signing of the lease but understand I should not accept the First La...
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Are there other options to charge a Move in and Move out fee versus charging a security deposit and then paying the interest fee on the deposit.
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I recently purchased a Triplex that came with tenants, one of which never paid his rent. I finally got him evicted just over a month ago after going 3 months without rent. I took the initial security deposit and k...
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Hi, I just got my first house rented this month! My deposit is the same as the rent 1,400. I am a little unclear on the law in Ohio for an escrow account. I read if the deposit is under monthly rent you don’t need an ...
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What happens to the tenants security deposit if I purchase a multi family building with tenants already in it. Do I get those from the previous owner? Do I have to factor that in as a cost of purchase? Is there a s...
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Hello all! First post here on BP. Great site! This is my first rental property and first tenant 30-day notice!
I have a 2/1 rented out and one of the roommates has given me 30-day notice. Just want to make sure i'm n...
A tenant has given me an official notice after only having 20 days in the rental. She had never complained about anything about the house until the letter arrived at my doorstep. She agreed to leave the premises and d...
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I am in the process of putting a single family home for rent. We are not sure how much we should ask for as a security deposit. We are thinking first month and also a deposit that is at least $500 over rent amount. We...