Hey BiggerPockets.I have purchased a property and inherited some tenants. When I first walked the property and met them they did not have pets. In between then and the time to sign a new lease with me, they have acqui...

I have looked into the subject of interest-bearing security deposits and I have a few questions about the setup. So in California there is no law that requires this. I am asking because I view it as a benefit to the t...

Hi folks!The complex I used to work at had previously used Sure Deposit before moving away from it (for an undisclosed reason).Has anyone here had experience with Sure Deposit?  It sounds like a great program.  Instea...

Currently the duplex has 1 water meter. If a landlord add sub-meters to each unit, and charge water cost to each tenant, the landlord is still responsible for the water bill if the tenant doesn't pay. Is it ok to take...

I recently purchased a Triplex that came with tenants, one of which never paid his rent. I finally got him evicted just over a month ago after going 3 months without rent. I took the initial security deposit and k...

Hello, I had a place pretty trashed by an outgoing tenant and we’re using the opportunity to re-paint and replace carpet with vinyl. What kind of documentation do I need and who do I need to present it to in order to ...

Hey people, So, first of all let me say, I'm new to real estate investing and I don't work in the finance or economics fields. So please excuse my ignorance, but I wanted to know what others think about this.Earlier t...

Hi,We are closing on 14 unit property on next Tuesday! I am so excited! This will be our first time inheriting tenants but the previous owner did not do move-in inspections on any of them. How do you justify to use th...

If a tenant breaks their lease does that automatically forfeit their security deposit?They have agreed to pay rent until the house is filled.

Hello everyone. It seems like beauty is in the eye of the beholder in the case of a refundable deposit and when it goes hard......I was in the mindset of 1% of purchase price is usually sufficient. I am speaking of co...