Security Deposit Alternatives

Doing any sort of business is about reducing risk and increasing your return. When it comes to managing properties, things can fall between the cracks and strategies go by the wayside. You can do simple things to streamline every process so you can enjoy more rewards with less of a hassle.  First, Food For Thought  New…

On October 8th Atlanta, Georgia made a drastic change to their security deposit legislation, giving tenants more options. Dubbed the “Renter’s Choice Bill”, tenants can now choose to pay for their security deposit in three monthly installments or get LeaseGuarantee which covers a landlord’s rental losses. There are more cities considering this type of legislation….

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It is painfully clear America is facing an affordable housing crisis unlike ever before. A recent study from the National Low Income Housing Coalition found full-time minimum wage employees could not afford a two-bedroom rental in 95 percent of U.S. counties. Tenant rights advocates point to security deposits as one major barrier to affordable housing….

Whether to use a security deposit or a move-in fee, if it is legal in your area, is the topic this week from Keepe the on-demand repair and maintenance company. One of the biggest risks with managing a rental property is having to deal with property damage by existing or outgoing renters. Over the years, security deposits…

A quick visit to Craiglist and you’ll probably see a few headlines like this – “$1,000 off first month’s rent!” or “$99 security deposit!” or even “NO Security Deposit”. Depending on what area your rental is you may find that filling a vacancy has become more difficult during the pandemic. States are reopening, but the…

June 22, 2020, Dear Governor Newsom, I write to beseech you to reject Mr. Hertzberg’s outrageous proposal to require landlords to wait 10 years until all back rent has been repaid due to the Corona virus shut down. The small housing providers in California are comprised primarily of family or individuals who depend upon the…

For years a security deposit has been the main tool landlords rely on when tenancies don’t work out as planned. But due to the pandemic and affordable housing crisis, there is now a push to eliminate a security deposit requirement altogether. Landlords are understandably concerned they will be more vulnerable to damages and rental income…

AAOA’s webinar, “Protecting Your Rental Income in a Pandemic”, led by Alexandra Alvarado, Director of Education, was a attended by 667 landlords! Needless to say the Q&A portion was filled with great questions we couldn’t get to in time. However, we’ve provided all the answers to your questions plus resources mentioned during the webinar below….

As a landlord, one of the biggest risks we face is the cost of vacancy or a tenant doing damage. Did you know LeaseGuarantee helps insulate risk in this area? Watch Stacy Conkey, a long-time LeaseGuarantee client and real estate investor, as she interviews Alexandra Alvarado, Director of Marketing and Education at AAOA, about AAOA’s…