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First, thanks for stopping and helping me with this. Long story short; I am renting a 1bed, 1bath condo to a couple. They are up for lease renewal on August 15th. I offered them the same rate as they have now and said...
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Hi all, I’m a brand new BP pro and am excited to be closing on a triplex in a few days. I am in DD and will be inheriting tenants for the first time. I found out that the seller did not require the tenants to pay a se...
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Hi all, I am trying to get an idea of how different landlords feel/ address security at their properties. A short survey if you will. If you don’t mind answering a few questions it would be greatly appreciated. Thank...
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Hey there guys,Hate seeing good money sitting and doing nothing, granted that is the purpose of a 'deposit'. Are we allowed to invest tenants security deposits? We have enough liquid cash personally to cover any loss...
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I'm working on returning a security deposit and am having a hard time deciding what to do with damage to a water heater. I'm hoping those with more experience can shed some light on the decision. Purchased property ...
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How would you interpret this paragraph from the Ohio Revised Code Chapter 5321 Landlords and Tenants on security deposits?Does this mean I have to find somewhere to put security deposit money that would earn a guarant...
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Hello, I'm lucky enough that a foreign diplomat is interested in a 4-year lease on my house in Chicago. It's the incoming Consul General for the country's Consulate General in Chicago and his family.A foreign nationa...
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Happy Sunday everyone!I have investors that are considering investing with me but I am stuck on what to offer them back. I have personally been thinking on giving them a 8% return on their money until the money is pai...
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Property Management Company collected 10% of the "security deposit" this month. The tenant was evicted non payment of rent/breach of lease agreement. Is that normal? Doesn't sound right to me. It's like they are ta...
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Hi Guys , I'm not very smart, so I'm turning to the smart people for some clarification. Can some one tell me what the below means. I got it off the FHFA website.
is it saying, If I owe 6 payments via forbearance, d...