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We purchased a building in Jan with a bad tenant in Chicago, IL.
The previous landlord had a simple 2 page lease without information about security deposit, etc..
Now that tenant is suing us for not disclos...
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I am a real estate investor in the San Diego area. I am just getting started on wholesaling properties and am currently finding off market deals. I will soon have to give an earnest deposit soon and was wondering how ...
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So I'll link the law below for anyone who isn't in MD but pretty much you're required to keep security deposits in an interest accruing account at 1.5%, then interest is returned with the initial deposit to the tenant...
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Hey All,
I was wondering about how much deposit to ask for?
Also, what is security deposit in " Certified Funds"???? What does certified funds mean?
Daniel
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Hello All!I finally have gotten an offer accepted on a property to house hack. I plan on living in the MIS with a separate entrance in the basement. The upstairs is 3 bed 2 bath with almost 1500 sq in a nice neighborh...
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I live in Oakland, CA. I moved into a house four months ago and after some negotiations with the roommate taking care of all the business, we orally agreed that I would be on a week to week rental agreement, even thou...
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Let me preface this by stating that I usually require the deposit (non-refundable) upon lease signing and 1st months rent prior to move-in. Not really looking to get into that discussion.An idea popped into my head th...
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Hello! I recently bought a duplex in the Suburbs of Philadelphia as my cherry popper. I live in the downstairs unit and rent the upstairs unit. I have a few questions surrounding basic bookkeeping.I did an FHA Mortg...
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Hi, I'm new to this forum and also new to real estate. I'm renting my home to 3 young professionals in Washington, DC. They each signed the lease dated for April 15th with a Saturday, April 16th move in date. When sho...
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Just now getting my feet wet in the wholesaling business and I have an opportunity to my 1st house under contract... only thing is i have no idea as to where i go to get the 3 Contracts required to get started someone...