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Tag Archives: using security deposits for damage

Efficient Property Turnover Tips for Rentals to Minimize Vacancy

Efficient Property Turnover Tips for Rentals to Minimize Vacancy

In a perfect world, one lease would end, and another would begin immediately after. Unfortunately, it is not an ideal world, and property turnover remains a vital property manager’s responsibility.  The success of this endeavor relies on a stable process, trustworthy vendors, planning, follow-up, and attention to detail. As a property manager, you can take […]

What Is a Rental Security Deposit and Why Is It Important?

why is a security deposit important

Security deposits are an essential part of rental property management. No one likes to think about things going wrong, but a security deposit provides just that – security against unexpected situations such as damages and lease breaks. Deciding how much to charge is just as important as understanding what a security deposit can be used […]

The Top 5 Reasons to Collect a Security Deposit