JVideo: How much should I charge for a Option Deposit

Joe McCall from Wholesaling Lease Options answers a question from a student on how much should one charge for a lease option tenant?

Joe has tried tons of different investing strategies, but his favorite two have always been Lease Options & Wholesaling. When he got tired of spending over $3,000 a month in marketing for his wholesaling business, and throwing away so many leads from unmotivated sellers, he knew there had to be a better way. That’s when he came across the special niche he calls “Wholesaling Lease Options”. As soon as he started implementing his simple, unique system, within 3 months his part-time income quickly surpassed his full-time income. Needless to say, he quickly left his job and has never looked back.