All Forum Posts by: Jonathan M.

 I just upped my automobile insurance liability limits after reading this thread too.

I'll be there. Looking forward to it. 

Is creating a land trust an expensive or complicated process?

Gross.

Like others have commented, I think I'm going to have to clean something when I get home from work.

I had a great time. Thank you for setting this up.

I'll be there, bringing one of my friends

I might be open to looking in the inland empire area in a few months. I looked in December in San Bernadino but didn't find anything promising.

@David Friedman pm sent.

Just to clarify, they want to pay half the deposit now and the second half right before move in date along with the first month rent.

Still that set off a red flag in my mind. If they have trouble coming with that amount of money, how do I know they won't have trouble paying the rent on time?

Thanks everyone for your responses.

That is what I was thinking. I don't want to set up a negative precedent by letting something like that go. I told the property manager to hold off and keep showing the house.

I'm not desperate to get a tenant. I'd rather wait a while if necessary so I can get a good tenant who will pay on time instead of renting to a marginal tenant that I'll have to evict later.

I just closed on my first rental this past Wednesday. The rental is an out of state property located in Kansas City, MO.

I have property management and they have a prospective tenant. The problem is that the tenant does not have the full deposit amount of $600. They only have half and they want to pay the other half later.

In my mind that seemed like a red flag so I told the property manager to hold off and keep showing the house unless the prospective tenant has the full deposit amount plus first months rent.

Did I do the right thing?