Updated almost 7 years ago on . Most recent reply
Increased rent In Lieu of Security Deposit
Ive been thinking about 'self insuring' our units against damage in some of our properties. The properties I would do this in are those that we plan on rehabbing shortly. These units rent out for $1400 a month plus 1 month security. Im thinking about offering tenants no security but rent of $1440. Has anyone every given tenants this option?