Hello all!! Super grateful for the time and insight you people put into helping the fellow enthusiasts and for that I thank you and appreciate you. So my fiancé and I are gearing up to take the dive into real estate...
I am new to being a landlord. My tenant is moving out. She has been wrapping a hair tie around it and attaching it to the spout of the faucet. This caused the drain to break. It leaked for quite awhile and it caus...
Good Evening All. I'll keep this short and sweet. My tenants' lease was due to end on June 30, 2019. They vacated the property early, 3/16/19, to which I agree. I knew the house was in need of extensive cleaning a...
Quick Question - when you are buying an already rented/leased building (4-plex in this case), how do you think about the security deposit for the current tenants? Do you adjust your price accordingly? For example us...
Recently purchased a triplex with tenants already in the property, thus I inherited their security deposits. One tenant had to leave but had been in the property for 4 years. Their security deposit was $450, they want...
Does anyone have a rough list of deposit deductions that are typical to withhold? Not needing large item repairs but things like basic cleaning, burned out light bulbs, dirty air filters, replacing stove burner trays,...
I am renting out a nice house and there is a couple that has applied-the husband has been in the military for over 15 years. They have pretty bad credit credit (590;620) between them. The wife says that the military d...
I had a potential tenant submit an application on 3/16. We approved their application on 3/19. They indicated they wanted to move in on April 1. We met on 3/23 and they gave a money order of $500 to hold the place. I ...
We just received a notice from the apartment manager we moved out of that they are going to charge $900 against our secrutiy deposit because of a damaged front door, cleaning, and some other minor stuff. He says that ...
There is probably an obvious answer to this question so I apologize, in advance, if I'm missing it.
When one buys an apartment building and the current tenants' security deposits are transfered to you as the new own...