I recently had a long-term (5.5 years) tenant move out. She was a fantastic tenant—always paid on time, easy to work with, and took good care of the property overall. She did move in two cats during her tenancy (with ...

You must keep the tenants security deposit at a bank that physically operates a branch office in the State of NC.  

I was hoping for some idea to secure the Promissory Note but it seems that's not available.Thanks for your response. 

Hey @Thanh Lu, we don't do much direct bookings but we do have a $500 security deposit.

Quote from @Zara Massoud: Your new PM is correct and the old ones were wrong.The property manager must have your social security or tax ID number on file.

We also received a $2400 security deposit.

The crypto can be considered as EMD or down payment, the rest of the transaction will happen just as if you were running a traditional transaction.If a seller is completely against the idea of receiving crypto, you can always use a service like Bitpay to convert the cryptocurrency to cash.Last but not least, I always ask clients... why sell your crypto asset when you use it to secure a loan?

Quote from @James Miller: Quote from @Chris Seveney: Quote from @Stuart Udis: @Ryan Blake These investments can be secured, or at least better secured if papered correctly.

I just had tenants move out of my investment property (duplex) without paying for the last month's rent, and the damage they inflicted onto the property exceeds their security deposit amount.

Encourages Larger Investments: By offering higher returns at higher tiers, you incentivize investors to allocate more capital to your projects.Builds Long-Term Relationships: Investors appreciate being rewarded for deeper commitments, which helps foster trust and repeat business.Scales with Your Business: This structure can align with the complexity or scale of your projects, ensuring that you have the resources you need while staying competitive in the market.Key Benefits to InvestorsSecurity: Deals can be secured by tangible assets, such as a deed of trust or promissory note, providing peace of mind.Flexibility: Payments can be structured to suit the investor’s needs—monthly, quarterly, or upon project completion.Attractive Returns: With returns starting at 15%, investors often see better yields than traditional investment vehicles, like stocks or mutual funds.How We’ve Implemented ThisThis structure works particularly well for our large renovation or development projects where multiple investors may be involved.