I just purchased a multi-family rental property. The seller said they were all under oral agreements and no security deposits. After closing, one of the tenants said that they gave the previous (before this seller) a ...

Hi I am a newer land lord that is going through the process of a tenant moving out and have some questions. After googling for a bit I’m even more confused so figured I’d ask the right people on how deal with security...

Someone placed a hold on my office space with a security deposit (1 1/2 mo. rent) but has not submitted any of the paperwork that I need to move forward with signing the lease including:-proof of income-proof of comme...

Hi Guys,I never wrote a letter for this purpose before, please advise if this letter is appropriate. The context is the tenant caused a lot of damage to the property and I am keeping all the security deposit towards r...

Hi BP Community, I'm a full time investor based in Charlotte with a MONSTER rehab out of town in downtown Asheville. For those that know the area, Asheville can be host to some drifters and unwanted guests that i woul...

Hi BP forums, We have a house that we are renting as an MTR. Going well so far and I'm honing in our processes. We do collect a security deposit and a cleaning fee. Unless something is trashed or missing I am assuming...

Hello, I will recently be purchasing a rental property, and was told that in the state of Minnesota that the security deposits legally need to be put into a separate trust account. However, I can't find any Minnesota ...

I first became aware of surety bonds when signing a rental lease at a large apartment community in one of our country's overpriced coastal cities and was presented with a choice - pay the customary one month rent equi...

Hi,Legally, are you required to have a separate bank account for security deposits? If your bank has a minimum balance is it alright to put personal money in the account when you don’t have security deposit money in t...

HI,I have someone that wants to rent an apartment, but they claim that they do not have a social security number.my questions are 1. they have a NJ ID license can someone have the ID without having a social.?2. is it ...