Did you give a deposit and what is being done with that?

Now, when were asking them last month rent they are saying adjust from deposit.

It also can collect rents, pet fees, cleaning fees, etc. and deposit them.

Don't forget that Airbnb is sending messages, as well, so you will be doubling up.I have 3 auto messages:(1) Booked instantly - I let them know we are looking forward to their visit and highlight the unusual things about the listing that they might have overlooked about the listing and let them know they can cancel within 48 hours.(2) Morning after check-in - Asking them how their stay is and if there is anything they need.(3) 5:00 pm the evening before check-out reminding them of the check-out time and instructions.8 days before check-in, I send them a manual message reminding them of the upcoming booking and asking them for their ETA for an in-person check-in or instructions if they'd prefer a self-checkin.

It would be interesting to hear about the technology landlords use for leasing, property management software, unattended leasing, AI, deposits, and more.

I spoke to a gentleman yesterday who put 400K into a four unit in the city and his first tenant in the one unit bounced their first month's rent and security deposit checks.

Throw in leverage and instant cash flow, you can’t go wrong!

Deposit AmountThose are the 4 items you have to play with that do the negotiating. 

Do a cash for keys deal and just try to get them out early… I’ve thought about offering that if they leave by the end of November (~60 days notice) that I’d give them November free + $500 in moving expenses and return of security deposit if left in good condition3.

Working with a HML requiring a non-refundable earnest money deposit…What due diligence do you perform before sending that deposit to minimize risk?