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Home · Property Management · Security Deposit Alternatives (Page 2)

In Cincinnati, renters won’t necessarily need a cash security deposit anymore under a new law passed by Cincinnati City Council Wednesday. Proposed by Councilman P.G. Sittenfeld to help alleviate barriers to renting an apartment, the law says landlords must give renters options other than a traditional cash security deposit. It takes effect in 90 days. One…


AAOA Board Member, Jeff Cronrod, appeared on the Creating Wealth Real Estate Investing podcast with Jason Hartman to talk about how LeaseGuarantee can provide valuable benefits for both landlords and tenants. Creating Wealth Real Estate Investing is a podcast about investing in single-family income property and features interviews with hundreds of real estate and business…


PowerPoint: 5 Ways to Help Guarantee a Lease LeaseGuarantee Information AAOA APPLICATION_TO_RENT_COMPREHENSIVE


The world has changed and renting has changed right along with it. Renting has long been the traditional first-step toward home ownership and, in later life, a lifestyle-simplifying option for long-term property owners intent on liberating equity. The latest Report by The Pew Charitable Trusts reveals that the lingering legacy of the 2007-09 Great Recession is more…


Any experienced landlord will tell you that being a landlord does not always result in a guaranteed profit. For reasons outside of your control, tenants may end up owing you rent, breaking their lease early, or leaving expensive damages. In many cases, one or two month’s rent as a security deposit is not enough to…


Landlords nationwide can reduce their rental risk by using LeaseGuarantee to cover costs for evictions, legal fees, and damages up to $10,000. As of yesterday,  LeaseGuarantee Analyzer will be included with all tenant screening reports that include an eviction and credit report.  If eligible, you or your applicant will be able to purchase a LeaseGuarantee contract and…


LeaseGuarantee is receiving an overwhelming demand for its service nationwide from tenant and landlords alike, which is no surprise, given almost 39,000,000 rental units in the United States and 1 out of every 4 adults having poor or bad credit. These individuals with poor credit have difficulty qualifying for a rental because landlords are reluctant to…


Example: A prospective tenant with all income and credit qualifications wants to lease an apartment for $1,200/month. The prospective tenant has enough to pay the first month rent but not the $1,200 security deposit. The prospective tenant says they’ll come back once they save for the security deposit. As a result the apartment stays vacant…


Some Landlords Choosing Surety Bonds Over Security Deposits: But Will It Work for You? by Bill Gray As with all of my articles, this one is from the perspective of a landlord collecting tenant debt. Remember, I am on the back end of the deal, looking at damaged rental units and unpaid rent. I will…

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