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At Real Property Management we take the full deposit and they sign a "Lease Binder or Holding Fee agreement"

As the saying goes....."best records wins"...

@Ben Persinger did you see that you won new badges?  It shows that you are voted by the group as a trusted landlord.  Congrats! There are badges and points that everyone can accumulate and soon use it to buy items or win Landlord Almanac items. 

@Ben Persinger so true!  I had an investor that did not run his own numbers and he believed the agents numbers....they were 50k off on 3 rehabs!  Boy did that hurt because he had green eyes and thought he would make millions and then he just go upset at the vendors for "over charging" when he just didnt do his math right. Guess everyone cant learn this one.