First Apartment: Security Deposit or Bond? | Property Flip

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First Apartment: Security Deposit or Bond?

Posted by on Aug 09 | Real Estate Investing Chatter

I am moving out of state to Kansas City, MO, and found two Apartments I really like. One is very newly renovated, right price, have to pay Gas and Electric, but otherwise great. Only problem is they want either a $500 security deposit or to use an $88 bond. I know the differences between the two, but don’t know how much trouble I could end up being in going with one over another if the apartment tries to scam me somehow.
I could make the $500, but that’s a lot when the other place I am looking at is $150 security deposit, and cheaper monthly. Just further from work, kind of outdated, etc.
Anyone have experience in this area? Any advice? Thank you!, more 


and would bonuses count toward my income for a mortgage?  I currently work for t-mobile and have had hourly plus commission for 14 months, but I am changing positions and switching to an hourly plus bonus for t-mobile… at 24 months will I be able to count the bonuses? I was thinking probably so because the commission is kinda a bonus too but I wanted an underwriters opinion… I am also a loan officer but don’t know a lot about the technicalities here., more 

and Money TX from sale of french property?  I sold my house in france and was sent a type of bank order (by request) to prove the money had indeed been tranferred.
It stated my Bic / swift Number and my iban number and my banks name (HSBC) Banks name. They had all the information, but what I want to know is how long does it take to transfer x ammount of euro’s from a french bank to my HSBC bank in the UK? so far it has been 2 clear working days.
Many thanks, more 

What next for UK house prices?  Personally I feel we are coming out of the bull trap and prices will continue to plummet come Autumn, Winter and Spring at least.
But what do you think?, more 

and California Foreclosure Underwater?  I live in California, and my mortgage is underwater by 25%. I intend to stop paying due to much less income. When the bank foreclosed the house, will I owe them the balance between loan value and the foreclosure selling price?
I don’t have second mortgage., more 

Tags: bank owned, repossessed, real estate investing, houses

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