I was wondering what everyone else is doing to protect their rental units from damages by tenants.I typically collect 1 month as security deposit and require tenants to carry rental insurance policy( which most don't ...

I have a tenant who is vacating by October 1 they are VERY behind on rent. I know I will get lot of the "should have acted sooner" advice but Iwas kind of hoping to hold onto this tenant. Anyway. All rent was paid on ...

I own several smaller duplex/triplex properties and just bought my first small apartment building (7 suites). The previous landlord's garbage system was the following:
Each tenant is responsible for taking their garb...

Hello!  My realtor recently told me that it is illegal to use a tenant's security deposit to pay unpaid rent.  He says the security deposit is only supposed to be used to pay for damages to the property. Is this true?...

Hi, Newbie here. I have a quick question regarding "vacancy reserves". Im having a bit of a hard time wrapping my head around this, but I think its very simple and Im over thinking it. When calculating vacancy reserve...

I have a 3 bdrm/3bth condo currently rented out by 3 tenants, who have lived there for two years.  Their lease is ONE lease, co-signed by the three of them (NOT split up into separate leases).  Their lease is up at th...

Hello, I am about to purchase my first 2-unit investment property. It was owned by a woman who rented the units to family members and never collected a security deposit, so there is technically not a deposit that will...

I wanted to find out if anybody on BP used a rules and regulations booklet or print out in addition to their Lease to manage their tenants. For example, it might include maintenance questions or other pieces of inform...

In my area, water providers are allowed to place liens on the property if the bill is unpaid. I've had tenants skip out owing water bills. So, on the most troublesome property I've kept the bill in my name and requi...