What are your thoughts on 2 month's rent security deposit?

They are given a check list, but if the place is dirty, I get it cleaned and it comes out of their deposit.

When I asked Saunya to go take a look at the house again to see if MW had performed some repairs I demanded that he do before I pay any additional payment, she found out that the tenant had already moved in.I found late that (I'll include these in point form to try to keep this from being a 100-page read):-tenant had moved in by the time MW told me about this potential tenant-tenant had paid a $2,000 security deposit and close to 2.5 months rent all of which MW pocketed as his claim that I still owed him money (I refused to pay him anything until all the deficiencies were completed)-I still don't recall signing a property management agreement with MW so somehow he just rented out my house without my acknowledgement and of course pocketed the rent money and the security depositI don't know why it took me so long but by the end of October, depending on who you talk to, I either fired MW (even though we didn't have an agreement) or MW fired me as an owner.

It is not about greed, it is about getting maximum value from your project and matching the demand/price point.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Trying to consider if i should keep my money in a investment account so i can have it sit on the stock market and accrue larger returns while i wait to put a deposit down on a property?

You should get a sizable earnest money deposit from your buyer and set a closing date in mid-2022.

I'm looking to buy my first investment property in Buffalo and I've been surprised at how many properties have tenants paying way below market rents with no security deposits.

You may need to show proof of deposit for first months rent or security deposit as well.

I've considered reworking the downstairs addition to be 2 storiesHow do you source bricks to match the 130-year-old bricks and how do you project costs?