For individual deposits with regards to renting by the room, I’ve heard advice on various BP posts that you should split up responsibility for damage to the shared spaces. For example, if there are 4 bedrooms, each te...

Is it customary and legal to charge interest on delinquent rent and fees?  In the lease provided with his book on managing rental property, @Brandon Turner, includes a clause requiring 18% interest per year on delinqu...

Hi BP,I was hoping folks in the Louisville, KY area could assist me in determining if I could charge for my labor in performing cleaning and repairs after a tenant vacated?  I was looking through the KRS 383 and didn'...

So I moved out of a 3 bedroom rental at the beginning of October. I just now got my deposit check back. There are some charges on here that I'm not sure are my responsibility or the owners. I'm about to go discuss the...

I typically charge the equivalent of one month's rent for security deposit.  For those of you who allow pets in your rentals, do you charge a pet deposit?  If so, how much?

Currently I have a holding llc and a management llc. I own both. I was doing my taxes and my and my accountant suggested not to use a separate llc for my pm company. He explained that it is unnecessary and generates e...

Hey BP!Curious if anyone has an opinion on furnished vs unfurnished rentals, specifically for students/international students. Right off the bat I can think of the cons being that it’s just more expensive as a landlor...

Hi! I'm new to the landlord position and have a question. I'm setting up a lease and wanted to know if anyone knew if I could, as an individual landlord, have a late fee stipulation in the lease. I am not a propert...

Hi folks,Just curious if anyone can answer these 3 questions about renting a house in New Jersey.  I’m still kind of new to being a landlord and I want to make sure I'm "following the right laws", etc.1. I currently h...

We live in AZ; have rentals in CA.  Both of our SoCal rentals (one condo, one SFR) are in HOA areas.  In two years, we've never had any problems with them.  We bought them as newbies, and all we looked at were the fee...