156 Security deposit funds


 

In this week’s episode we’re talking about security deposit funds and what to do with the funds.

A good resource is to check your state laws with our state specific resources page.

Discussions in this episode:

Intro – How $38 held up a real estate sale
0:50 – Most states have specifications on what you can do with security deposit funds
2:00 – Get a receipt when returning funds
3:30 – How security deposit interest can hold up a real estate sale
7:16 – Crazy Massachusetts laws
10:30 – Creating separate accounts for your security deposit funds

Leave us a review on our podcast if you like what you’re hearing.

Also, join the discussion in the RentPrep For Landlords Facebook Group.