By the next morning, Dylan was at the property, contract in hand, securing what would turn into a $40,000-$50,000 assignment fee.

Instead of using your own money, you secure financing through a hard money lender or a private investor.

Here are some areas where automation and tech adoption can make a difference: Customer Relationship Management (CRM): Use a robust CRM system to track interactions with potential buyers, sellers, tenants, and partners.

Gap funding is a lot harder to secure, especially without demonstrated experience.

If a tenant moves in on October 15th, they pay the security deposit and a FULL months rent.

You can deduct that from their security deposit, send to collections or sue them. 

I wondered if SF route might allow us to secure better terms at maybe a 4% interest rate for a few years on the funds not rolled into current $150k potentially assumable mortgage -- and in a few years we could roll into a traditional mortgage. 

Less than 1% of my tenants leave owing more than their security deposit will cover.Screen well.

Cross-Collateralization: If you have other properties with equity, you might be able to use those as collateral to secure better loan terms or additional funding.4. 

Took one booking, the tenants broke contract by bringing a pet (dog hair and a bone were left behind), and Landing was not exactly pleasant to deal with in recouping security for extra cleaning and damages (dog used the ceiling fan remote as a chew toy).