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Hello! My husband and I posted our first rental property (single-family home) yesterday and decided to NOT allow pets. I received a reply from someone asking if I'd consider. My immediate thought was no. We are being ...
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Hello everyone,Hope you are having a productive day! Just have a quick question about lease renewals.The lease on my first rental property is coming to an end and my tenants already decided that they wanted to stay an...
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Hello, I have a house in DC that I am renting. I have tenants that are interested and have a 50 lb dog, but DC only allows the security deposit to not exceed more than one months rent. When you look up laws pertainin...
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I'm still new to real estate and I would appreciate any advice I could get. My mother just bought a duplex last year in Chicago with a tenant already living there. The tenant told her she was moving and will live ou...
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I've read and listened to several stories of landlords just forgoing the traditional security deposit altogether. They claim the hassle and potential legal troubles are just not worth it to them. As a new landlord, th...
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Hello BiggerPockets Community!What extra addendums do you add to your leases?I'm finalizing my first lease in NC and I want to ensure I'm adding in all the applicable addendums. I've already added that the rental insu...
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I'm in the process of putting together a deal where I am buying 2 twin properties. Its one building but two separate homes side by side and I'm buying them both simultaneously. They are both tenant occupied, and I wil...
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Created a suite in my primary and just received my first ever rent payment. One day late, but paid. I had a daily fee listed for late rent, but no late clause for a security deposit. She said she should be able to pay...
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1. If I offer a tenant $500 cash for keys, do I also give them the security deposit even though I don't have rent late into the month?2. When exactly does one offer this? If grace period ends on 5th of month, sending ...
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Hi,
My husband and I are trying to rent out our first property and we came across a potential tenant who would like to pay deposit over the first two months - first half along with first months rent prior to ...