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Updated almost 3 years ago on . Most recent reply

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11
Posts
15
Votes
David Esslinger
  • Rental Property Investor
  • Mount Pleasant
15
Votes |
11
Posts

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

Most Popular Reply

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12
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6
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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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