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Results (6980)
Jon S. Security deposits, 1st month, last month?
25 April 2016 | 9 replies

Do you charge first month, last month, plus 1 month rent as security deposit? Or do you just charge first month rent and one month rent as security deposit? Pros and cons? Thank you

Michael S. Multi-Family -- Security, Doors, Access
17 August 2020 | 4 replies

I own a 10 unit building which has 3 separate entrances/common areas with have mailboxes, stairwell, etc.  Two entrances have 4 units each and the 3rd entrance is for the 2 smaller apartments.  It's also on a somewhat...

David Shifirn Chicago Security Deposit Account Question
11 December 2020 | 4 replies

I own 5 units. 1.Do I need to keep each individual security deposit in a separate checking account?2.3 of the units are in a 3 flat. Can I keep those together in one checking account?"Intermingling funds" makes this c...

Christopher Winkler Is A 2nd Lien Really Stripped If the Chapter 13 Is Dismissed?
27 April 2016 | 11 replies

Has anyone seen this? A 2nd lien is stripped and the Chapter 13 is dismissed for failure to pay, and a week later, filed a Chapter 7 that was discharged. Would the stripping be void by the dismissal of the 13? 

Paul T. Avoiding CA’s New Security Deposit Limitations (AB12)
18 July 2024 | 3 replies

Nothing herein is legal advice.
Effective July 1, 2024, California Civil Code section 1950.5 generally prohibits a landlord from collecting more than one month’s rent as security deposit, whether the rental is furn...

Paula Steimel Tenant changed the locks
25 February 2017 | 15 replies

So...my tenant has faithfully paid the rent and utilities.  The lease is up April 1st, and the tenant asked to extend until May 1st.  I had no problem with this. Background is that this tenant has always asked to have...

Andrew Simms Process Question - Automated Messaging and Door Locks
19 May 2021 | 10 replies

Hi - we will be getting our first guests in a couple days. We are using SmartBnb for automated messaging and an electronic deadbolt for access. We also have a mechanical lock box should the electronic deadbolt fail fo...

Steven Barr Are you allowed to use the security deposit to "turn" property?
2 December 2022 | 14 replies

Hi BP! Once a tenant leaves and you have to get your property "fix-up" ready for a new tenant, what are you allowed to use the previous tenant's security deposit for?Are you legally allowed to use it to fix "wear &amp...

Tyler Todhunter Installing a foundation
3 December 2019 | 6 replies

Hey BP community!  I have the chance to buy a fire damage house at a good price through a wholesaler.  In my due diligence, I contacted the city code office to make sure there are no deal breakers- there might be.  Th...

Yvette M. ? returning security deposit - CA
6 October 2016 | 3 replies

Tenant moved out Sep 30, with 5 months remaining on lease.  He didn't pay Oct rent. I don't have a new renter lined up yet.  His SD will cover Oct rent (and damages) and partial coverage for Nov if I don't have a new ...