7,836,134
Most of the well screened tenants will receive their deposit. It is a challenge to avoid the bad ones who destroy property.
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Frank Rubi
Metairie, LA
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Sandy Padula & Norm Pa...
, CA
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Thomas J. Nelson, REAL...
La Jolla, CA
846,475
Not often unless there is damage or late payment fees. My intentions are always in the lease-behave or beware!
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Frank Rubi
Metairie, LA
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Sandy Padula & Norm Pa...
, CA
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Roy Kelley
Gaithersburg, MD
1,725,996
When we managed rentals, we allowed the owners of the properties to deposit the tenant moneys in banks within the state as this is allowed. To my knowledge, owners always returned the deposits intact because we did thorough screening of tenant prospects and always found good people as tenants, so no damage to deal with.
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Frank Rubi
Metairie, LA
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John McCormack, CRS
Albuquerque, NM
1,543,662
Rarely anymore. I've had 30 years to perfect my screening process. Oh I've had the 3 months of trash in the living room and the flea infestations (when dogs were not allowed) , etc. Technology has allowed screening to improve too with credit reports & background checks. I even have a landlord network that puts the warning-word out on bad tenants so we don't end up with them-saved me once already! I will remain vacant over renting to a bad tenant. I stayed vacant once for 2 months until I found a great tenant who stayed 3 years and left the place as good as the day they moved in; good tenants are gold!
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Frank Rubi
Metairie, LA
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Sandy Padula & Norm Pa...
, CA
1,153,794
It works out to be about 1% of the time Lise.
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Frank Rubi
Metairie, LA
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Sandy Padula & Norm Pa...
, CA
2,178,553
Not often, but it does happen. A good job of screening of tenants upfront, saves a lot of headache on the back end.
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Frank Rubi
Metairie, LA
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Sandy Padula & Norm Pa...
, CA
1,661,936
I got out of owning rentals due to the hassle of the process. None ever got their deposit back.
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John McCormack, CRS
Albuquerque, NM
1,027,602
Twice in many years; more often than not, tenants have left properties in good shape, but the ones that are bad, tend to take it to the extreme.
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Sandy Padula & Norm Pa...
, CA
784,786
The goal is to never have to hold the deposit, but it does happen sometimes.
6,393,179
27,065
You can’t keep the security deposit, just because you want to. As long as a tenant abides by the terms of their lease, this deposit should be returned to a tenant when their lease has expired. Here are situations https://rentberry.com/blog/get-security-deposit-back when you can keep all or part of a tenant’s security deposit.
3,986,258
2,781,173
I want to give it back...all of it. Their conduct decides what happens not me
613,494
Two times in 30 years. I scrutenize tenants very carefully.
Once I had a tenant fall on hard times and left owing me $300. 3 years later he knocked on my door...he had inherited some money and came to pay me what he owed me.
That was the nicest thing a tenant has done!
Eve
969,888
Not often now a days. I have down sides my operation. Tenant selection has become a real challenge.