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Updated over 3 years ago on . Most recent reply

User Stats

55
Posts
14
Votes
Tony Zhang
14
Votes |
55
Posts

Submit application, never pay security deposit

Tony Zhang
Posted

Hello,

I have a property for rent and has few applicants that submitted the application and been approved, but they never paid for the reservation fee (security deposit). Is there any reason why they not paying to moving forward?

Most Popular Reply

User Stats

768
Posts
294
Votes
Chad Hale
  • Property Manager / Investor
  • San Jose, CA
294
Votes |
768
Posts
Chad Hale
  • Property Manager / Investor
  • San Jose, CA
Replied
Quote from @Tony Zhang:

wondering why they want to waste their time and application fee money to apply multiple rentals?

@Tony Zhang  They apply to many places to ensure they have somewhere to go.  Not all landlords are honest in their application process and selection.  They may be still deciding between a couple places and want to get "in line" and decide once/if approved.  

  • Chad Hale
  • Loading replies...