
29 November 2024 | 6 replies
For your existing primary, you will need to have it leased with the security deposit and first month's rent collected.

25 November 2024 | 36 replies
*Tenant payments via ACH not deposited into a Baselane Banking account will incur a $2 fee.

22 November 2024 | 6 replies
The security deposit should never be used for anything during the lease.

1 December 2024 | 9 replies
@Michael Anderson If the property had been sold, it would make sense to formally assign the lease and deposit to the new owner and memorialize an agreement to collect and adjust rents after settlement, indemnify the other party for things arising during their respective ownership periods, etc.

3 December 2024 | 19 replies
The top chart below quickly shows you what the renovated, avg and distressed homes sell for in that area on a $/sf basis over time, so if you are estimating way over the top line, you instantly know something is off, maybe you have an outlier comp on your hands, etc.It doesn't have STR data, because any STR we build must also pencil as a LTR to avoid being upside down if it doesn't workout, so we use normal residential lease data when underwriting our rentals.As for forecasts on the market, I don't do any aside from the current Q trending % at the footer of the charts, and it's really just the current Q's average data/performance held constant and applied to the rest of the quarter (since not fully done with Q yet).

27 November 2024 | 6 replies
Another reason to send it by mail is in many cases you will be deducting damages from deposit.

27 November 2024 | 3 replies
Find a flat fee service that offers free call forwarding so buyers are able to connect with you instantly.6.

4 December 2024 | 31 replies
@Danny RandolphYeah, I’m currently in the construction field and we usually get a 20-40% deposit, then get draws after certain stages/inspections have been passed

26 November 2024 | 3 replies
Check with your CPA if you instantly owe the depreciation recapture if you gift it to your son.

10 December 2024 | 100 replies
I think using a deposit model where they can get some those prepaid rate back upon closing is a good way to induce commitment.