Art Maydan
Security Deposits vs. Move-In Fees
Which are you using and why? The Chicago Association of Realtors is recommending landlords move away from deposits due to their punitive nature. Tenant can sue for 3X and usually win here. 1 months' rent is a pretty s...
Mike Schorah
Could a realtor refuse to rent a room in their personal home to certain individuals?
I was reading that realtors are held to a MUCH HIGHER standard than the general public regarding discrimination.
Not trying to offend anyone in 2023 here. Hopefully “certain individuals” isn’t offensive to any left...
Sylvia H.
Tenant stayed past their 30 day notice.
If a tenant gives you a 30 day notice and is supposed to be out on the 30th but doesn't actually leave until the 4th, are they obligated to pay the month that they stayed in? This came up in small claims court and the...
Marci Stein
Late fee 10 percent of rent ?
About to rent out my newly purchased house. Want to a dad a late fee to the lease . I’ve read some charge 10 percent of rent , plus 10 per every day late . Seems high . Is that typical? What’s your late fee policy , i...
Nick Brubaker
Tenant threatening to take me to court over deposit. What to do?
TL;DR:
Decided it was fair to keep deposit of $770 for 5-year tenant for no cleaning, large scratches on floor and trim, hooks in walls, satellite dish installed on roof, and large stain on deck. He sent threatening...
Daniel Liu
how to defend the landlord in California small claim court
Hi, Need your help for a small claim case in California.A tenant moved out of my rental property recently. There are a lot of damages, property was very dirty. I sent her the move out statement which showing she owes ...
Sarah Lewis
Early Termination Fees- Have they held up in court?
I'm looking for some protection against a tenant who will break a lease, especially during the winter months when it might take more than one month to find a replacement tenant. A early termination fee in the lease, w...
Josh Buchan
San Diego Small Claims Court
Hello BP Investors,I recently acquired a 6 unit building in the city of San Diego. Acquisition date 3/26/19. On 4/29 a tennant gave 8 days notice to move out. I had the PM let the tennant know that 30 days was requ...
Miguel Del Mazo
MTR property management
My wife and I have been blessed to have 4 units that we own which we MTR and another unit that we arbitrage as an MTR. We got started during COVID. That has given us some insight into our local market (a small city of...
Luke Jackson
What does everyone charge for late fees?
Hey guys,I'm curious to learn about what other landlords and property managers charge for late fees? After how many days do you charge the first fee, and how much? Do you charge a daily fee after that, and if so, ho...