Lawton Michaels
Deposit money and REOS
When dealing with REOS, what are some ways a wholesaler can get around having to front deposit money on the offer to the bank before they assign the contract?
Jimmy S.
Get deposit with application?
When a potential tenant turns in a application how much of a deposit should I get? If accepted it will be applied to first month rent or how does everyone else do it? I also don't charge a fee which I tend to believe...
J Adams
Interest-bearing security deposits
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...
Erick Caffarello
Sure Deposit: Good? Bad?
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...
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50% deposit for countertop
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...
Marcus Coleman
Large Deposits on Apartments
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...
Sheba Shimoji
Deposit from inherited tenants
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...
Jason E.
Broken Lease & Deposit
If a tenant breaks their lease does that automatically forfeit their security deposit?They have agreed to pay rent until the house is filled.
Richard Belliveau
refundable deposits on commercial
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...
Robert Burns
Cashing Seller Deposit Check
I recently had a buyer back out of an assignment wholesale deal. He gave me deposit check for $1000 made out to my Title Company. Now that he has backed out and forfeited his deposit check, do I ask the Title Compan...