Demand your FULL security deposit back, less damages and days empty.

Thinking about countering back less

Long term you end up consuming roof's, hvac's, flooring, cabinets etc, so if  you want to buy and hold figure on around 40% of your gross rents goes to expenses.Many folks use 8% for r and m and 8% for capex, and are happy if they come back less

On a $500,000 house, you'll get $10k back (less your broker's split).

., what you have to pay back) less the points and other fees.

They pay the county, and the county pays them, the mortgage forecloser, back less a small auction fee. 

"OK EVERYTHING LOOKS GOOD ONE NOW ALL YOU NEED TO DO IS PAY THE $500 TO ORDER THE APPRAISAL"..It wont be refunded if the appraisal comes back less than 65%...HUH?

@Scott Loud I do HML as well as PML and many people face the same challenge:“I get a good ROI while my funds are on the street but it gets blended down when I get paid back.”For instance if you lent our at 12% for 6 months, got paid back in 6 months, and then your cash was sitting in an account earning 5%, your total effective rate earned is 8.5%Not everybody is a fan but this is what I do:I lend out longer term.My interest rate is going to depend upon the environment but I’ll have a 3% pre payment penalty if the loan is paid back less than 3 years.The operator has to have a good track record of doing value add deals and a good business plan for the opportunity.Let me know if I can be of any further help!

the current tenant always helps as they are still responsible for lease. once the new tenant signs a lease, old tenant gets deposit back less any damage.

Tell him if he moves out, he'll get his entire security deposit back less cleaning fees so long as he leaves the unit in reasonable condition.