
10 October 2024 | 24 replies
You can do things like request updated tenant information, new signed leases that kick in at close of escrow, rekey or get key copies, estoppel agreements (outlining the deposits held by the selling owner), etc.

9 October 2024 | 11 replies
Cost of Tenant rollover (after the security deposit is applied)Avg.

9 October 2024 | 1 reply
Here are a few tips to help you score that first deal:Network: Join local real estate groups and online forums like BiggerPockets to connect with other investors.Find Motivated Sellers: Look for distressed properties and consider sending direct mail to homeowners facing tough situations.Research the Market: Know your area’s property values by analyzing comparable sales using sites like Zillow or Redfin.Craft Compelling Offers: Highlight the benefits of a quick sale to sellers and consider a solid earnest money deposit to show you’re serious.Market Yourself: Use social media to share your journey and post flyers in local spots to attract leads.Stay Persistent: Rejection is part of the process, so learn from it and keep refining your approach.With your big business mindset and hard work, you’ll make it happen!

11 October 2024 | 13 replies
All our properties currently yield over 6.5% gross return, with a borrowing rate at 6.5% and 20% deposits.

3 October 2024 | 3 replies
Any agents work at a brokerage that offers you access to instant buyers like eXp Express Offers, etc?

10 October 2024 | 7 replies
I deducted $250 from her deposit.
8 October 2024 | 8 replies
You can deduct that from their security deposit, send to collections or sue them.

10 October 2024 | 19 replies
@Alexander PhillipsAs long as it’s vacant the day of closing and your inspection - not sure you have a way out of thisIf you walk away you could lose your deposit

7 October 2024 | 4 replies
We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.

8 October 2024 | 10 replies
The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.