Matt Liu
Inheriting a Tenant with NO Security Deposit!
What do you do if you inherit a month-to-month tenant with no security deposit? She has been there for three years and is never late on payments so I prefer not to give her notice.
I was thinking I would offer her a y...
James Williams
Option Agreement With No Earnest Money Deposit
I heard a guru teaching that you could get and option agreement with a seller and not pay any earnest money deposit. My question is: If that is so, would I as the buyer still have an equitable interest in the property?
Mary Joe
Security deposit - no maximum limit for Florida ?
It seems that there is no maximum limit for security deposit in FL, just want to run this by everyone here in case I misinterpreted the language. Below are some of the links other people have posted re: FL law:Securi...
Cody DeLong
Inherting Smoking Tenants and No Security Deposit
Long story short I’m purchasing an 11 unit that currently are all month to month with no security deposits. The current landlord is giving me a great price (cash flows $1400 a month after all expenses, prop mgmt,and %...
Jennifer Greuel
First property under contract- no security deposit
My husband and I just put our first property under contract! A 4 plex we think we got for a really good deal. The property comes with 2 month-to-month tenants who are employees of the old owner's restaurant. As part o...
Steve Ma
No security deposit on a commercial property?
Came to find out my elderly relative in her 80s has two properties rented out to the same person, but she has no security deposit in hand for either (one commercial, one residential)
Residential property - lease stat...
Bertha T.
Inherited tenants, no proof of security deposit
So my husband inherited a multifamily home in illinois when his dad died. We moved in to the first floor. And now have also inherited tenants in the upstairs apartment. These tenants didn't have a signed lease. They a...
Dana Holland
Security deposit return with no forwarding address
Tenants moved out at the end of last month. I need to return their security deposit by the 18th (per local landlord tenant laws). I emailed them a week before move out to request a forwarding address and letting the...
Aaron Nelson
Inherting Tenants - No Lease or Security Deposit
Hey BP community,I am under contract to purchase a duplex in Western Washington (state) but am still able to get out of the agreement if necessary. Both units are occupied but because the tenants are related to the se...
Luke H.
overlooked/ common deposit deductions, no fowarding address
Hope all is well.What are common and overlooked deposit deductions? Including pet deposits?If the tenant doesn't leave on the date can I charge for the extra days?What about my holding cost until I get it rented again...