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General Landlording & Rental Properties

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Kenneth Garrett
Pro Member
  • Investor
  • Florida Panhandle/Illinois
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How much security deposit

Kenneth Garrett
Pro Member
  • Investor
  • Florida Panhandle/Illinois
Posted Apr 9 2017, 17:00

I have a number of rental properties mostly single family/duplex.  I typically charge one months rent for a security deposit.  Recently I charged two months because the person was self employed and verifying the income was a little difficult even though the credit checks and background/evictions came back ok.   I am looking to expand to multifamily/commercial. 

BP Investors: What amount of security deposit are you requiring; 

Single Family

3 or 4 flats

Commercial/Multifamily 

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