Johann Jells
What good are security cameras?
I had an intruder on the fire escape of a multifamily last night and the tenants are suggesting cameras. I can't see what good they are except as security theater unless you have someone watching 24/7. So after a robb...
Mike M.
Short term rental and security
I'm looking to put a lake house into the short term rental market. It's in a good area with high weekly rental expected (> $5,000 per week in peak season). Looking for some insight from experienced STR's about wh...
Rashad Ellis
Where to keep security deposit.
Hi. Forgive if this question sounds foolish. I bought a partly occupied 3 unit fixer upper in Irvington. I want to deposit the tenants' security deposit in an interest esrming account. I looked up the laws concernin...
Rashad Ellis
Where to keep security deposit
Hi. Forgive if this question sounds foolish. I bought a partly occupied 3 unit fixer upper in Irvington NJ. I want to deposit the tenants' security deposit in an interest esrming account. I looked up the state laws co...
Cory Benhardt
Security Deposit for inherited tenants
Hi BP, if you inherited a tenant & their lease was up & you gave them an option to renew but at current market rents, would you increase their security deposit to reflect the new market rent or keep the securi...
Hai Le
Security Deposited Refund or Not
Garage tenant entered 6 month lease for May into November $850 a month. Lease agreement states security deposit would be used as an unpaid rent if there was early termination.Tenant decides to end lease early making f...
Alejandro Antonio Taylor JR
Securities compliance and investor liability
Hello everyone,Have a question in regards to engagement with a real estate lawyer and the risk of being sued by investors if an investment in a Multifamily property. Part of an engagement letter with a real estate law...
Jendayi Brandon
Security deposits for existing tenants
Greetings all,
I just closed on a triplex. My first multi-family unit. The previous owner has never raised the rents once each of the tenants moved in. The rents are low right now but the landlord agreed to suppleme...
Michael S.
Multi-Family -- Security, Doors, Access
I own a 10 unit building which has 3 separate entrances/common areas with have mailboxes, stairwell, etc. Two entrances have 4 units each and the 3rd entrance is for the 2 smaller apartments. It's also on a somewhat...
John Montgomery
Help Securing Properties in Trust
Hi BP, I, along with several other people, am named as an heir in the trust of a family friend who
owned a handful of single family and multi-family properties. We are
in the 120 day waiting period where people ha...