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Updated over 3 years ago on . Most recent reply

David Esslinger's profile image
David Esslinger's profile image
David Esslinger
  • Rental Property Investor
  • from Mount Pleasant
  • Member since Jun 2, 2022

User Stats

11
Posts
15
Votes
David Esslinger's profile image
David Esslinger's profile image
David Esslinger
  • Rental Property Investor
  • from Mount Pleasant
  • Member since Jun 2, 2022
David Esslinger
  • Rental Property Investor
  • Mount Pleasant
15
Votes |
11
Posts
Starting Out

First time investor.

David Esslinger
  • Rental Property Investor
  • Mount Pleasant
Posted

How much do you charge for a deposit?

Do you have a prop management

Renters insurance. Etc

1 Vote
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Chris Walko's profile image
Chris Walko's profile image
Chris Walko
  • from Chicago, IL
  • Member since Jun 25, 2022

User Stats

12
Posts
6
Votes
Chris Walko's profile image
Chris Walko's profile image
Chris Walko
  • from Chicago, IL
  • Member since Jun 25, 2022
Chris Walko
  • Chicago, IL
6
Votes |
12
Posts
Chris Walko
  • Chicago, IL
Replied
Congrats on being a new investor! In Chicago they made new laws that makes it a big headache to collect deposit so I just started doing a $700 non-refundable move in fee and move out fee. I do have higher end apartments but should work still for lower end units. I do require renter insurance and no prop management. I have new apartments so very little maintenance calls.
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