Its a place where you as a real estate investor can go to find endless information and encouragement.It is now 2014 and the real estate market is slowly but surely healing.

I did inform the tenant I would let her out of the lease but she want to be compensated with 2 months free rent, security deposit back, moving expenses, and time off work.

That is why I take 1 1/2 times the rent as a security deposit.

Tenants make deposit to BoA with slips that get time stamped.

Even if you dont want to do it yourself you have property managers that would only take 10% or only have of the deposits instead of 100%.

I want to create a contract that is both fair to my tenants and advantageous to myself, and also meets the legal requirements for such contracts in North Carolina.What are some points for deciding such things as how much for the security deposit, amount put in escrow above standard rent, amount recommended for option-to-buy money down, etc etc?

They dropped the issue, I let her out of the lease and kept her security deposit.

He recommended also getting the book AND also doing their optional cram session.Personally, I tried the Coldwell Banker online course and found it to be incredibly tedious clicking through the endless series of slides and questions, and not being able to progress at your own pace (being forced to answer the same questions multiple times, etc.).

First you need to have a 5% deposit ready, 2nd you have to pay full price cash on the Sale day (which is the Auction date), not only that but most banks bid a ridiculous amount and most houses are "sold" to the plaintiff (bank).So how am I supposed to buy a property if I cant fly there every week and see each and every listing, and if I bid and am lucky enough that the bank doesn't care and sells it to me for what seems a great deal (but the house could be likely torn apart) I don't even know what I am buying.

Also a lot of US states are pro tenants, that makes eviction more difficult; besides the damage deposits in C or D areas may not be enough to cover the cost of tenants trashing your place.