re: Another reason why real estate > stock market

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Do you usually have a do a lot of cleaning/repairs then...like carpets, paint etc?

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I have a checklist I provide each tenant that is leaving.

For example, if I have to clean the refrigerator? $50 is deducted from your security deposit.

Oh, the kitchen isn't swept and mopped? That will be $25. etc....

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Do you do that yourself or do you contract it out?

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Both. really depends on if i feel like doing it or not.

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Also how much security deposit do you take from each renter?

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One month rent.