Episode 38 The Giant Deposit

Send us Fan MailThe subject of this episode of The Most Dwanderful Real Estate Podcast Ever is “the giant deposit.” Dwan talks about her recent experience with her son going through this process of purchasing his first rental property and vetting the tenants with an unannounced pop-in visit as well as the conversation he had with them about the deposit. Dwan knows from experience that almost every time you require a security deposit of the same amount as a month’s rent, the tenants will ask you to use their security deposit as their last month’s rent, so by making the deposit $300-$400 higher than a month’s rent, you are almost guaranteeing that they will pay their last month’s rent in order to receive their deposit back.Support the showThanks again for listening. Don't forget to subscribe, share, and leave a FIVE-STAR review.Head to Dwanderful right now to claim your free real estate investing kit. And follow:http://www.Dwanderful.comhttp://www.facebook.com/Dwanderfulhttp://www.Instagram.com/Dwanderful http://www.youtube.com/DwanderfulRealEstateInvestingChannelMake it a Dwanderful Day!