I have a duplex that we built new in 2021. 1st tenant on one side has moved out. I am trying to figure out charges to deduct. On first look everything looked good. on closer inspection, we have damage to refrigerator ...
I am interviewing several PM companys for my first rental, its long distance. Half of the PM companies do not collect a security deposit. This makes me nervous. Am I overreacting? What is the benefit to a landlord of...
For landlords in Chicago should I request a security deposit or first months rent or how does that process go?
If your security deposit is equal to one months rent do you have to pay 5% interest? if you have an additional defined pet deposit do you have to pay 5% interest? thank you !!!
Hi All,I am going to be a new landlord closing on my first property in three days. I am planning on house-hacking, and I'm going to inherit a tenant in one of the units. The sellers of the property deducted $200 fro...
Hi BP Members,I'm seeking some legal advise in a situation that I (renter) got into with a place that I lived at. Long story short, the "master tenant" or so I was told, withheld the name and contact of the landlord w...
Just close on my first property on 12/21, a duplex in Dover, NH. Working on my first listing along with preparing the unit. I plan to do a month to month lease. Should I take a Security Deposit? I read on a New Hampsh...
Unfortunately I did not provide a receipt for the security deposit I received from my tenants 3 years ago in the City of Chicago. I also did not provide a yearly interest payment as required. My question is: if I re...
Curious how some of you with lots of doors handle multiple security deposits? I have been using Capital One Bank 360 (which allows you to have up to 30+ accounts) and creating a separate account for each apartment's d...
Hi, I'm a new landlord renting out my townhouse and I've just provided my first tenants with their accounting of the security deposit. The tenants are upset because of the amount I've withheld. Here are the basic fa...