Do you charge a "deductible" when you tenant requires some repair?

Do you charge a "deductible" when you tenant requires some repair?

Residential Real Estate Agent · Ashburn, VA · Member since 2015 · 35 posts · 4 votes

I saw a lot rental listing has this "deductible" thing, I'm wondering if how many of you do that? It sure increases landlord's security, but on the other hand, it is also a distance you setup between you and tenant. Its a delimma. Just curious how you would handle it, case by case?

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  • Investor · Hampton Roads, VA · Member since 2014 · 1k+ posts · 418 votes
    11y

    No deductible.  If it's caused by their negligence, then they will be billed for it. 

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