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Results (10000)
Terri B. Prospective tenant does not have deposit until move-in day
1 November 2023 | 20 replies

I'm in the process of renting my STR out for month to month during the winter season. Prospective tenant has already presented some.red flags but I said we can be more lenient bc it's short term. To protect my interes...

Jamie Cianfarani Mortgage broker situation advice
14 May 2023 | 10 replies

Good morning, looking for advice on how to hand the following situation:We're currently residing in a single family house that we'd like to rent.  I was pre-approved for a conventional mortgage and found a 2-unit hous...

Monica Kovalsky Personal deposits with bank as condition of commercial loan
13 July 2017 | 21 replies

We are working on getting our 4th loan with a bank that we have used for financing some of our multi-family properties.  They are now making a condition of the loan that we move all our personal accounts to their bank...

Ken Chud Eviction Due to Tenant Not Repaying Balance of Security Deposit
3 February 2023 | 8 replies

Hi folksI have made a mistake of allowing a voucher-assisted tenant to move in when she did not have the full amount of security deposit during Lease signing. Had her sign an impromptu agreement I drafted myself, whic...

Alex Verdugo Deposit money holding
1 July 2020 | 1 reply

I'm about to purchase my first deal, a multifamily quad. There are a couple tenants living there now which means I will be receiving their deposit money.  My question is, do I need to keep that deposit money in a tru...

John Fider Harrisburg, PA area security deposit and 1st and last month rents
18 February 2021 | 2 replies

This is a townhome in Middletown that I'll be renting out. Is asking for security deposit, plus 1st and last month rent up front asking too much? How do you set up your upfront cost requirements from your tenants? And...

Ima Renter Are These Legitimate Property Management Policies?
18 January 2009 | 1 reply

Hello!
I recently found a house being leased that I applied and got approved for. The house is managed by a property management company representing the landlord.

Th...

Account Closed Do I have to return the Security Deposit ?
16 June 2018 | 8 replies

Hello,So I rented one of my room in my 3 bed 2 bath condo to a guy on a month to month lease in IL.According to the law he should have given 30 days notice before vacating the property. He vacated the property on 1 Ju...

Lili Thompson Previous Owner Didn't Collect Security Deposits..!
23 June 2019 | 7 replies

Hi all!I'm working on closing a deal and there's two big things I need to handle!1) The previous owner didn't collect security deposits from tenants that will be staying and signing a lease with me.2) The previous own...

Atul Mohlajee Selected tenant backed out before signing the lease
21 August 2014 | 20 replies

My selected tenant backed out. Does anybody charge a holding money from a selected tenant to keep if they back out? Something like earnest money when your bid is accepted?'.