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My question is this....Would I have to put a deposit down on every wholesale that I do, being that I will be assigning the contract over to another investor?
And if your reply is "Sometimes" then please when would it...
I wanted to re-post this and hope it is of help to the group.
Here is my input on the subject. I am a State of California licensed contractor with 20 plus years of experiance.
As far as a DEPOSIT, California only a...
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I just read another topic about finding good contractors and being wary of people asking for money up front.
I'm about to order around 30-40 ft of granite countertop with install and the guy says he will need a 50% d...
How often do you find tenants give you reason to withhold damage deposits? One of my mates, who also rents out properties, has a particularly nasty tenant who is leaving his building after many years. Little to no dam...
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I am looking for some guidance on managing security deposits, repairs, and return of the balance from a bookkeeping standpoint. This is the first time I am going through this and I want to make sure I am handling it ...
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Does anyone know if when a security deposit and/or last month's rent is transferred to the new owner at closing are you required to send the tenant a notice that you now have their deposit? We had that happen and we d...
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ב"הdoes anyone know a company that can provide 10k+ earnest money deposits?
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My property management company in Memphis wrote up a Lease Option contract on one of my SFR's in January 2011. The buyer/tenant gave a $4500 deposit and had 12 months to exercise his option. Well, 6 months into the co...
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Just curious .....A California landlord has 21 days to provide a final accounting and return the balance of the resident’s security deposit. The time begins when the landlord regains possession of the property.Does th...
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How do you landlords explain the difference between billing for tenant damage mid-lease and security deposit? Are there any laws or statements added to lease to clarify the difference? When billing a tenant to repair ...