As a landlord, it’s essential to protect yourself at all costs. Therefore, most landlords require a security deposit and the first month’s rent while signing a lease with a new tenant. However, there are other solutions to help protect your property and your finances. For instance, you may consider requiring security deposit insurance. In today’s […]
Tag Archives: alternative security deposit
04
Oct
Oct
For already cash-strapped tenants, paying thousands of dollars in an upfront security deposit becomes a barrier to necessary housing. According to Paraag Sarva, CEO, and co-founder of Rhino, residential security deposits total $40 billion in just the U.S. market. But is there any alternative when a security deposit is vital to protecting the landlord and […]