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Results (10000)
Margie Sturtz Interest on Security deposits in Pennsylvania
14 February 2016 | 8 replies

Hi, I'm a bookkeeper at a real estate co in Philadelphia. Question...with interest rates so low is it acceptable to hold off sending out interest checks to tenants over 2 years and just give them the earned interest w...

Michael McIntosh Michigan - Security Deposit Escrow
21 March 2023 | 4 replies

Hello BP! I finally closed on my first rental property in Michigan and have what I think is a fairly basic question.

Does a separate bank account need to be setup for each security deposit? Or, can this be deposited...

Matt John Tenant signed lease, wants out before move-in date
18 May 2017 | 3 replies

If a tenant signs a lease on June 15th with a move in date on July 1st, then decides 3 days later (June 18th) that she doesn't want to move in, can the landlord force her to pay anything? Rent until unit is leased out...

Bienes Raices Critique my holding deposit agreement
7 November 2015 | 22 replies

[moderators: sorry I posted this by mistake on the Commercial Real Estate forum and then reposted here. Could you please delete the one on the Commercial forum]

So far, I have been having the tenants pay the holding ...

Jerry L. 1st and last rent collection question
11 July 2023 | 7 replies

Before you let your tenant move in, do you guys collect both first and last months rent with the security deposit or just first with the security? 

Stewart McMillan Wait, what?! Tenants Violated Lease and Want 2x Security Deposit?
4 December 2017 | 37 replies

I recently had an issue with the power going out in a Chicago unit of mine. ComEd turned the power off due to non-payment(though ComEd never warned me or tenants which they are required to do by Illinois law), but I h...

Jeff Tumbarello FDIC had a trifecta on Friday
2 February 2009 | 0 replies

http://www.fdic.gov/news/news/press/2009/pr09012.html

FDIC Approves the Payout of the Insured Deposits of MagnetBank, Salt Lake City, Utah

After an extensive marketing process, the FDIC was unable to find another f...

Jacob Mendrin Being sued for keeping security deposit.
30 June 2018 | 35 replies

Hello all, apologies if this question has been asked before but after searching through the forums for a while I found nothing to match my particular situation. We have recently sold our rental home to the renters. Th...

Joe Hasbrouck Brokers License in Texas/Property Management
16 August 2015 | 3 replies

My LLC owns(financed) the property in Texas, but my c-corporation and my personal interest(invested) own 51% or more in the property. My question is can my c-corporation have a "property management contract" with t...

Mark Fulop How to not get defrauded by a fake private investor?
23 October 2016 | 6 replies

My name is Mark Fulop I am a  mortgage correspondent lender/ underwriter with about 13 years of experience. The main reason why borrowers use a mortgage broker is to ensure that they attain funding from a reputable so...