Brandon Washington
Landlords and tenants
Recently purchase an 8 plex, the old owner seems like he isn’t handing over the tenants deposits. Should I ask for a new deposit from the tenants?
Chad Lundquist
Large dog deposit / monthly fees
Hey BP family, I was wondering if anyone had any advice on allowing pets (specifically large dogs) into their rentals. We have a policy that we only allow dogs up to 50 pounds, but one of our tenants is moving out and...
Jay Garrison
Getting tenants in the dead of winter
Hi,I have a 3/1 in a Chicago neighborhood that is "challenged", but is well located and the unit & building themselves are fine. I am offering a move in with neither move-in fees nor a security deposit, just a Tra...
Bolanle Ogunmakin
Security Deposit is not 1 month's rent in TX?
Hello All,I recently moved to Midland, TX from Washington DC where I own a four-plex. The standard security deposit there is one month's rent and that's what I've always charged my tenant. My husband and I just purcha...
Joshua D.
Question on Return of Security Deposit
Hey guys, We are located in PA. I have a question regarding the return of security deposits. We had a tenant who took a tour 3 times of our rental, signed the lease, gave us the first months rent and the security de...
Greg Pratt
Hold Agreement until possession - 2 months rent too excessive?
Hello,In the past, when I get a lease signed, I also collect security deposit and first months rent, then take the property off the market. I've never had an issue with a tenant not moving in, but I assumed if that w...
Wesley Jensen
First Property Tenant Potential Issue
Hey Everyone,I am buying my first rental property soon (closing 1/30) and have a strange predicament. The property is an upstairs downstairs duplex with a tenant in the top unit. The top unit was rehabbed prior to the...
Christian Bors
Signing a lease a month in advance, what do you collect?
On Tuesday, I am having my newly accepted tenant sign a lease starting 10/1. Since the lease won't begin until October, what should I expect as far as collecting first month's and security deposit. We agreed to a 1....
Nick Kelly
Tenant paid security deposit
Went through tenant screening process, tenant filled out application and I approved. She sent the security deposit in to lock down the place. It took a few days to get the lease together because there was a little bac...
Bienes Raices
Would you allow pets at this rental?
My new rental has (brand new) carpet in the two bedrooms, and tile in the rest of the house. This is the first rental I've had with carpet and I'm not sure if I should allow cats or dogs. I was thinking of allowing on...