How much of a deposit/percentage is "customary" to give a contractor to rehab a house?Or do you not give deposits at all? I have a Scope of Work, a Contractor Agreement with spelled out draws and project end date with...
Hi guys gals.. my tenant wants to get a pet which I said was okay.. I was curious what is the common way of handling this situation in terms of how much I should charge for a deposit. I know it probably varies but its...
Hello ! My client closed on his home three weeks ago. The seller had a lease back for two weeks. When they moved out they left furniture and a lot junk all over the home and the backyard. Can my client use some of the...
Hey guys its been awhile since Ive posted because I have been busy renovating my place. The tenant recently moved out. I have a question regarding deposits. When I bought the place she did not have a deposit because h...
Hey guys! I have to sign another lease with my current landlord and was curious what an additional deposit would be for? It reads like this:First Month's Rent $750Current Deposit: $725 On AccountAdditional...
Hey Everyone,This is my first foray into purchasing a property that is already occupied. I closed on a duplex yesterday with tenants that are currently month-to-month. It has been under property management (I don't th...
Do you guys use auto deposit with your tenants? We have one couple that are great no issues and money is deposit in account sometimes on the 30th. Our other tenant first said could get to work then I had to picked up ...
Where do you put the tenants deposit? Is it OK to keep in the business account or does it have to be placed in a separate account from the business? Example: we have a business account at Chase with a checking and two...
Hey all,Soon to be landlord (to roommates not tenants, but I'm applying the same principles) trying to get all my ducks in a row for two December move-ins to the house I have under contract.I am to the process where I...
Hello,I am currently dealing with a situation in the state of SC where a previous landlord has contacted me and told me he was going to bill me due to the condition of the condo I was renting. He cited things such as ...