Jack B.
Too late to back out and go with other applicant?
So I had an application from guy A first and application from guy B second. Guy A has a much longer rental history and has a spotless record and would likely be a long term tenant as he has lived in the same place for...
Kimberly T.
How much do you collect as a holding deposit/fee, and what do you call it?
Curious what other landlords do for a holding deposit/fee so that they will take their ad off the market, before the new tenant moves in. Do you require it to equal one month's rent? Half a month's rent? Some othe...
David Vitarelli
Signing a lease today and and not moving for 30 days...questions.
Hello BP community. I have have a quick query. I have a rental property in Philadelphia that I have found a tenant for but this tenant cannot move until August 15th....and today is July 11th. I wanted to know what the...
Gil Happy
How To Handle Rent Deposit Cleaning Fee From Relocating Tenant?
Hello,
I need some guidance on how to handle first month rent, security deposit, and cleaning fee.
To explain, I am currently living in my condo with all of my furniture and I have it up for rent and I have someone ...
Carter Bushman
Tax Deed Sales Questions
What happens when you purchase a tax deed from the courthouse? Are these things usually bought in auction? If they are then does the government take the extra money over what is owed or does that go to the house owner...
Brett Paulk
Securing a renter while property is under constuction
Hello BP,I'm a new real estate investor. I've got a SFH that is currently still undergoing renovations, scheduled to be completed in the next 8 days. During this construction time, I've been marketing the property wi...
Kendall Chamberlain
Can I retain holding deposit if tenant changes mind, no lease sig
Made a verbal agreement to start lease July 3rd. I took a holding deposit and now tenant wants their money back. Am I obligated to return entire deposit? (I know, sign lease immediately next time, but this time I di...
Steve S.
Have a tenant starting in 2 months. When to get security deposit?
They just passed background and credit report today. When should o have them sign the lease and cut the check for the deposit and first month's rent?
Cali Skier
Renter signed holding deposit that has a forefeit clause where we keep the money.
Hi,
We took a property off the market 6 weeks ago because we landed some tenants that paid a deposit / holding fee. They signed an agreement to comit to signing the lease or forefeit the money. Aug 1st is the day...
Chloey M.
Real Estate Agent Asks for Check to be Made Out Directly to Her
Hi you guys,Wanted to run something by you....I had a close friend who recently found a home he wanted to rent, (as a tenant) and something the real estate agent representing the property did that raised my eyebrows, ...