Reading another post about people stealing items in STR’s got me thinking about damage or security deposits. Do you use one? If so, does it work? If not, why? How much do you typically “hold”? How do you handle stolen...
Hi,We currently have a vacation home in Deep Creek Lake, MD that we rent mostly through VRBO but also have listed on AirBnB.Right now, we charge a fee for the CSA insurance through VRBO but thinking of changing to sec...
Hello,
I reside in Chesterfield VA and last year I purchased my first duplex. I am currently doing short term rentals and it is working well. I am looking to make multifamily properties my niche and searching for way...
Under what circumstances do you keep full security deposits? Do you spell out those terms in your lease? Do you tell your renters who have acted according to your lease terms what you expect when they move out ? I’ve ...
I'm doing my first partnership flip with my father. He's very adamant about having cameras installed on the property for peace of mind and understandably so. The area the home is in is not terrible but it's not the be...
This is my first experience as a landlord, and what a headache this one tenant has been.
When the lease with a pair of tenants renting our condo lapsed, they never informed me that they desired an initial ins...
I wanted to know if a landlord is allowed to raise their security deposit every time they increase the rent. Whenever they raise the rent, they want to increase the security deposit so it is as much as the rent.
Is ...
Dear BP community,A tenant whom I have selected for my property in Philly, now (two days before the lease signing day) tells me she doesn't really have enough cash to give me the two-month security deposit, as we agre...
Has anyone used suredeposit.com? Any reviews?
My initial thoughts are that it is nice because tenants can move in with less money out of pocket, but I still have the same amount available in case of damages. However,...
Hi, I have an opportunity to help out a friend and I want to know if I am risking too much. My friend owns a condo in San Francisco, worth around $900k. She says the total due on a primary and HELOC on it are about ...