General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago, 11/18/2019
Lease option with Property Management
I’m fairly new to real estate investing so this might seem obvious but let’s say you turn a property into a lease option and you have a property management company find a new tenant for you I know that you pay them their fee however what about the down payment from the tenant what happens with that when you use a property management company to find a new tenant when the original lease option tenant has left is that fee put into the property management contract you sign initially how exactly is that dealt with?