Stephanie R.
Tenant threatening small claims for cleaning security deduction
Hello, I am a new California landlord whom bought a property 2 years ago with existing tenants. The tenant moved out after living in the house for a decade.
Per the request of the tenant, we performed an initial insp...
John Park
Having trouble finding QUALIFIED tenants in Arlington TX
I am currently trying to lease a property for the first time in Arlington, Texas and am experiencing frustration in finding a QUALIFIED tenant for my SFH. I feel that the rent, security deposit and other qualification...
Cameron Philgreen
Where do you store your security deposits for growth
Random question! It's just recently occurred to me that I'm regularly holding $10k+ in security deposits. I'm sure many of you are holding $50k, $100k or $200k in security deposits. What would be a good place to pu...
Daryl Biberston
Do you EVER rent to folks with an eviction? If so why?
Hello BP members. I have a few rental properties. Once every six months or so one becomes available. I re-list on the multiple listing service in my local area and I get dozens and dozens of applicants. My hard an...
Bienes Raices
Hold the house off the market for applicants?
Some people came to see the house today. They seemed pretty nice to me on a personal level. However, they said they couldn't come up with the rent and deposit until March 1. At least part of their income comes from Di...
Mark Sandoval
New to real estate investing, do I need a business bank account?
Hello, I am new to real estate investing and currently have my first investment property under contract. I read in the book on Rental Property Investing that I should get a business checking account for income and exp...
Jackson Long
Hot mess situation- WA state
Okay, so this is a lame situation and I am not sure how to handle it. Maybe talking it out will lend me some clarity.I rented a SFR to a local business owner for the purpose of sub-letting to one of his employees. I...
Jessica Everitt
Property Manager won't pay back security deposit
I recently fired my pm and requested that he forward the security deposit to me. He has not complied with my request. Neither the Residential Leasing and Property Management Agreement nor the Residential Lease Agree...
Account Closed
Trust Fund Accounts (Do you mingle them with your business?)
Security Deposit Trust Fund Accounts There is a lot of debate about whether or not a Security Deposit should be put into a separate bank account.Some States require you to deposit a Security Deposit into a Trust Fund ...
Jason Vo
One of the tenants filed bankruptcy, what should I do?
I have a co-tenant leased my property. One of them moved out and filed bankruptcy chapter 7 months ago without noticing, the other one still occupied and been paying monthly rent on-time.
Should I terminate the leas...