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19 November 2021 | 1 reply
Generally banks don’t advertise these rates and really only offer it after you have a very strong track record and large deposits with their bank.
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2 April 2022 | 8 replies
We think of it as something for the benefit of the landlord because the money is direct deposited to the landlord's account, but it is really for the tenant.
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28 December 2021 | 5 replies
Pre-Sale contracts can allow a buyer to build a year's worth of equity with just $500 earnest deposit.
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16 January 2022 | 5 replies
(Ended up eating about 6o days of no paid rent so really not that bad after the security deposit.)
23 November 2021 | 8 replies
[to receive certified deposit list an estimated/ deductions for them ] but wanted to know.
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22 November 2021 | 2 replies
Some landlords would either request a double security deposit (if allowed in your state) or jack up the rent to take someone with a history of past court judgments...as well as providing only a month to month lease to be able to get her out quicker than an eviction should she go back to her previous habits.
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8 December 2021 | 14 replies
Those are areas that, if they match with good data, are your target markets because you either have more personal knowledge of the area or have real boots on the ground who you trust already.
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3 January 2022 | 24 replies
If you accept it be sure to put it in your escrow account with your deposits and only take rent out each month as it is due.
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26 November 2021 | 6 replies
Operating expenses include (but are not limited to): taxes, insurance, management, maintenance, entity maintenance, advertising, utilities (at least during vacancies), legal fees, damage done by tenants (over the security deposit), vacancies, setouts, lawsuits, and capital expenses (not technically an operating expense).Stated another way, the 50% rule, which is generally considered to be fairly close to actual expenses, states that …50% of your gross rents will be taken up by expenses, such as property tax insurance vacancy property management maintenance capital repairs legals and accounting.From the remaining 50% you service your debt, if any, and the remaining is your profit.
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24 November 2021 | 4 replies
Therefore, you would need to make sure their personality, vision, and goals match with yours. right?