In this case, if you have a documented list of damages that the previous tenants have done, then this is fair grounds for you to deduct it from their security deposit. 

@Mohammed Milord I have some saved up initially but then save up each month my cash reserves as they come in from my Vacancy allowance, CapEx, and Maintenance Allowance that I have allowed for when I purchased the property.

Hello everyone,I'm a real estate agent assisting a client who is trying to list an Accessory Dwelling Unit (ADU) for lease on Zillow.

If your next projects require rehab, you could use a fix and flip loan initially and then refinance them into a long term loan (BRRRR strategy).

While you can take a w2 salary from the Corp, it is not the initial goal as converting passive income to active income is usually not tax wise.

The understanding going in is that you will be making A LOT of offers so get your affairs in order.I was initially drawn to the program because of the reduced marketing expenses: it's basically free to submit offers on listed properties.

& feel free to mention any other passive investing vehicles (in the real estate space) that i haven't listed here!

If they didn't pickup or call me back within a day, I crossed them off my list.

The purchase price is listed at $285K and that includes ownership of the land, laundromat, and shop. 

will this be a lease with purchase to buy or an acquisitions with an initial 2 year lease term.thank you