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Hi. I would like your advice and experience. Does a new one-apartment rental business need all 4 accounts/funds? Can I put a security deposit in the operating account until it is returned to a tenant instead of openi...
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Background:We recently rented our 2 bedroom unit to new tenants in Massachusetts; they are boyfriend and girlfriend. I went to set up the Security Deposit account with my wife and I as the custodian and them as the ow...
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Hi Everyone, First time (soon-to-be) landlord here. On many of the rental applications I have seen (including the bigger pockets application) I've seen verbiage that states "Compensating Factors can include additional...
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So, my sister is in kind of an odd situation and I'm not sure what she can do. Just a heads up, she didn't sign any lease agreement or documentation for anything (which she was already lectured), so I'm here strictly ...
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What if there's current tenant in the property I am considering renting month to month; Im not looking to raise the rent yet but how do I secure deposit/advance? Or those dont apply on month to month rent? Also, how c...
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My tenant is moving on short notice with 5 months to go on her lease. when am I required to return her deposit?
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Question for all my landlords:I have an out of state SF that is vacant. My property manager showed it to someone the other day who is requesting to do updates themselves prior to move in. The updates are all cosmetics...
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Most rentals in my area only charge security deposit equal to one month rent. They don't collect last month rent up front either.
Renters in my area have taken this for granted, and some are boggled by why I charge 1....
I have a friend who has just started in real estate and he managed to rent a house then lease it to another and make profit from it. However, due to some unseen circumstances the first owner contacted his tenant and n...
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If you needed money for marketing purposes, would a hard money lender help out with that situation? Or are they strictly for real estate deals only?