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So I have a tenant that just moved out and their dog ate a hole in the dining room carpet. The dining room and the family room are basically one large room. Therefore, I could not replace the dining room carpet only...
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Hi;Just reaching out to gauge how others view this. Should security deposits be looked upon and considered as income? Then when the lease ends those funds returned are then considered a payout? Any insights? Thank you...
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I am fairly new to being a landlord, and have my first pain point on a deposit prior to signed lease. I had a group of 3 girls that submitted application, were approved, then gave me half deposit and agreed via e-mai...
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Does anyone know if I need to open 3 separate accounts for my triplex tenants security deposits, or can I put all 3 into one account?
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I've got an itching question:
I understand the process of finding investors during the financing/capitalization phase of the process, by what I need an answer to is this:
How does one find/support the large deposit...
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Hello BP-
I am making the itemized security deposit deduction list for a tenant who I evicted due to no payment and would like to know if I can deduct the legal fees and late fees? The apartment is in the City of Los...
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Hello everyone,I'm in the middle of what is a strange situation and I wonder if anyone can provide me any clarity on the issue. I am buying my first home, it is a duplex, we are closing in about a week. I am the buy...
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Does a multi-family property buyer receive the tenants security deposits at closing?
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Hello all,Just have a quick question regarding a security deposit for my property. I had a lease set up as a probationary period that was split up into two 6 months leases. One of the 5 tenants is not renewing the 2nd...
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Hey all, I recently had a potential tenant contact me stating they wanted a room starting the first of August. I told them I needed a deposit (Half of the first months rent) to hold the room which, they verbally co...