The billing cycle does not coincide with the tenant's move-out date. how do you deduct the tenant's share of water from their security deposit?

But here is what blew my mind when reading this, but I know very smart people who fall for this all the time: It is the "“Too good to be true” syndromeHere is some excerpts:Kapoor’s alleged incentives included a contractual promise to pay the investors quarterly no less than a 7 percent return on investment that would begin when deposits and purchase contracts were signed, the lawsuits allege.

You deposit cash into a savings account or make a down payment on a house.

Now if you have the cash to pay off the underlying loan at anytime if there is an issue then your risk goes down to is your buyer going to pay and if not are they going to trash it.. same issues you have with any tenant.Well if I had a Tenant that trashed the property I would use their security deposit to repair the property.

her and her husband both retired from their day jobs and have all these gorgeous renovated SFRs. the key was that they got better and better at BRRRing and the nest egg grew just a little bit with each cashout/refi, so they could do bigger/better deals, then multiple deals at once. this obviously took time, but they're getting ALL the perks of REI: debt paydown, appreciation, tax benefits, cashflow, the opportunity to provide beautiful safe housing in the city they live in... if you BRRR'd your way to a few STRs instead of LTRs, you could probably arrive at that 7k/mo number pretty quick. also consider BRRRing to MTRs. gator lending is short-term / transational lending, usually to wholesalers for deposits. pace morby has a course on it. most people i'm sure take the course, do nothing with the information, make no money, then complain and say the course didn't work lol. but i do know tons of people actually make great money gator lending.flips obviously work too but you usually LOSE money on the first one, break even if you're fortunate... it's very active work too, so doing flips while you're still working full time, idk, not a fan personally. you'd have to KEEP flipping to KEEP making 7k/mo, vs with BRRRing you'll eventually get to that 7k/mo and can stop or regroup.

Here are the numbers: House #3:Purchase price: $26kSale price: $59kMonthly: $950.00Down payment: His $950 rent security deposit and he agreed to an extra $337.50/month for the 1st 12 months.

There was a small medium sized tree in the backyard that is now missing. Tenant said it died with heat wave despite his efforts to water it. Is he responsible for replacing tree? 

Sounds like the classic living out their deposit scenario in which they will deplete everything and leave you with nothing to cover repairs, clean up and other turnover costs. 

Your bank can give you instructions to share with tenants so they can set up direct deposit from their bank to yours, without software.

Am I entitled to the security deposit (period or only if I cant get the house rented right after they leave or just let it go?).