Am I required to attached receipts when I return any or none of the security deposit? I've documented the charges when my tenant moved out. After repairs cost to make the unit rent ready there is no deposit to return....
I'm a landlord with a new problem. A couple gave me a deposit to hold a house for them. The present tenant is a squatter, which I handled wrong, and I am now in the process of a normal eviction. I've held the coupl...
I bought a house and inherited a tenant. They moved there in 2004 and they moved out. The carpets are shot and need to be replaced. I obviously have no idea what the condition of the carpets were when they moved in. ...
We buy a lot of homes from wholesalers. Whenever we agree to buy a home we always close on it very fast. Recently one our new wholesalers brought me a deal to buy and this person is making about $5,000 assignment pr...
Ok so I've got a seller that reviewed my contract and wants me to put more money in escrow, $990 more. The property is right on the edge of a sweet spot in South Philadelphia. It's at 24th and Moore and anything West ...
Hi Everybody,I met a realtor at a local REIA event and met with him afterwards to discuss local real estate possibilities. It looks like he has a wholesaler feeding him leads. For him to work with me, he asks for a $5...
Is anyone using a surety bond for security deposits? As the property count grows and the deposits reach in the 10's of thousands, it seems like poor cashflow management to have all the cash just sitting in a separate ...
I’m doing an owner financing sale because want to be rid of a property. The tenant is moving out and the buyer will take over after the tenant vacates. Since there will not be a tenant(we aren’t returning the security...
Hi All, on 1/31 I closed on my 4 unit. Going to close I noticed one lease had a signed addendum by tenant and landlord. It stated that she had given there deposit back to them. My attorney went after the issue very st...
Hello BP,I recently had a lease come to an end on 12/31/19. The lease states that a 30 day written notice of termination must be provided or the lease goes month to month. I received a call from the tenant on 12/12/...