Property Management News

6 Steps Towards Making Security Deposits Less of...

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 landlords assume falsely that security deposits are adequate protection against having to pay big bucks for tenant-caused damages. The truth is, it will barely cover minor damages. And, major damages to property can cost landlords tens of thousands of dollars. It is also worth noting that you cannot use a security deposit in place of unpaid rent in some... Read more

On October 8th Atlanta, Georgia made a drastic change to their security deposit legislation, giving tenants more options. Dubbed the “Renter’s Choice Bill”,...

pdqSMART, a division of PDQ Manufacturing, is a market leader in keyless, Bluetooth, mobile-enabled access control solutions. People all over North American use PDQ...

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...

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...

Eliminating a Security Deposit to Fill a Vacancy...

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 housing crisis will continue for millions of Americans who are struggling to recover financially. That may mean fewer qualified renters and less demand for rentals in high-end or urban markets, making some landlords a little desperate. But before you resort to cutting your security deposit with no backup plan, consider using LeaseGuarantee as an affordable... Read more

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...

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...

AAOA's webinar, "Protecting Your Rental Income in a Pandemic", led by Alexandra Alvarado, Director of Education, was attended by 667 landlords! Needless...

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...