Cheng Bin Zhang
Security Deposits in Massachusetts
Hi All,Have a few questions regarding the collection of security deposits. In the commonwealth of MA, I understand there are strict regulations around security deposits including:1. Having a Tenant-Landlord Checklist...
Jacob G.
Keeping Ohio Security Deposit
Hello all,
I have a tenant of about 4 years moving out of a single family home next week that has quite a bit of issues. The home was perfect upon move in, now it appears all carpet will need replaced, all walls pain...
Alan Francis
Security Deposit and Smoking
I purchased my first 4-plex earlier this year. The building was fully rented and three of the tenants are long term renters and smokers. One of those tenants has decided to move out and just recently gave notice that ...
Nathan Emmert
Non-Refundable Security Deposit
The rental I purchased last week had fairly significant security deposits in place, a portion of which was labeled as "non-refundable".
Am I correct to assume that's essentially income?
If so, from a tax perspective...
Donna Beth Perch
NJ tenant security question
I’m managing a rental property for an out of state landlord. I need to open a tenant security account. The bank is not making it easy. Can the account be opened with a property manager name and tenant? Instead of land...
John D.
Question on security cameras
I wasn't exactly sure where to post this but since it is for a MFP, I figured I would start here.I am giving consideration to installing cameras on the exterior of the property to monitor the front door, side entrance...
Brad Larsen
No Security Deposit Option
As a SFH Property Management company, we have adopted a No Security Deposit option called our Preferred Tenant Program. We subscribe to a service called Obligo. In this method, we use Obligo and their Billing Authori...
Joseph Bautista
Security deposit/cleaning question
I own a few basic rental units and one of my tenants recently moved out. I withheld a portion of the tenant's security deposit in part for pet-related carpet cleaning and deep carpet cleaning, which were arguably n...
Jose Jacob
Security Measures while renovation
I am planning to buy properties out of State to fix&flip. I would like to know what type of security measures you all are taking to avid theft and other vandalism of the property.
Ryan Keenan
Tenant want security deposit
Hello bp,
My tenant is court ordered to be out the 30th of this month. She doesn't owe many any money however my lease says I can take lawyer fees from her security deposit.
Her DCF worker calles me today and is putti...