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Results (10000)
Jesse Santos Prospect tenant wants to negotiate security deposit of 1.5
12 July 2024 | 17 replies

Hello all!I'm asking for 1.5 month's rent for security, which totals to $5,700. Prospect tenant says he counters with $4,000. He's signing a 2-year lease agreement and we already came down on the rent by $100 after ne...

Osmirelly Kidwell Collecting rent
1 February 2014 | 11 replies

Hi Guys,

I bought my first rental property on the 23rd and already have a tenant from out of state. They already passed the smartmove screening with A+, paid deposit and applications fees. My question is, whe...

Chanda Wa Holding Deposit - Best Practices
19 January 2021 | 2 replies

Hi all!
Do you implement Holding Deposits for your properties? If so, what are best practices for implementing in the State of MO?

Douglas T. Collecting 1st mo. rent, last mo. rent, and security dep?
23 March 2017 | 6 replies

Every apartment I've ever rented has required me to pay 1st mo. rent, last mo. rent, and a security deposit equal to the mo. rent.... so 3 mo. worth of rent payments upfront. I'm now using a property manager to find a...

Albert Yamoah Wholesaling and the nonrefundable deposits
25 February 2019 | 46 replies

Concerning wholesaling and the nonrefundable deposit:1.) Why do wholesalers implement these (especially if the deal is a legitimate deal)?2.) How can a new real estate investor convince a wholesaler that a nonrefundab...

Cody L. Odd accounting question - How to classify security deposit bonds
22 October 2019 | 5 replies

We work with a company that'll allow a tenant to buy a bond in place of paying for a deposit.  Say you want to move in for as little as possible.  Rent is $700/month.  Since your credit sucks and you were evicted 16 m...

Brian Warren Security deposit in a high yield account
20 March 2023 | 16 replies

I understand that I need to hold the tenants security deposit in a separate account... I was thinking of putting into a high yield savings account 1.9% or possibly putting into a 12 month certificate of deposit at abo...

Steven Bommarito Transactional funding
14 April 2017 | 14 replies

how does tansactional funding work? Do I need to have enough money personally to cover the loan if my buyer walks? I need someone to explain this process please? Thank you

Calvin Brock Cincinnati's Renter's Choice Law
5 August 2020 | 2 replies

What do landlords think of this new law?https://www.multifamilyexecutive.com/property-management/cincinnati-legislation-gives-renters-a-choice-in-security-deposits_o

Kikko Maeyama Cash reserves, emergency fund, operating acct, security depo acct
14 August 2020 | 5 replies

Hi. I would like your advice and experience. Does a new one-apartment rental business need all 4 accounts/funds?  Can I put a security deposit in the operating account until it is returned to a tenant instead of openi...