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Updated over 8 years ago on . Most recent reply

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76
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22
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Aaron Cooper
  • Investor
  • Jacksonville, FL
22
Votes |
76
Posts

Security Deposit Questions

Aaron Cooper
  • Investor
  • Jacksonville, FL
Posted

I am finishing the a renovation of my first vacation rental and I could use some advise. 

So BP Community could you give me your advice on How to Collect Security Deposits? Is there an easy way to collect them online or is mail in a check still the best way?  Also, where do you hold the deposits?  Do you set up a separate account for the deposits?

Does anyone have any advice on creating a website? template vs custom design?

Thanks!!

Most Popular Reply

User Stats

306
Posts
205
Votes
Ariel Smith
  • Rental Property Investor
  • San Diego, CA
205
Votes |
306
Posts
Ariel Smith
  • Rental Property Investor
  • San Diego, CA
Replied

@Aaron Cooper yes, that's true. There seems to be something about actually putting money down for a security deposit that can make tenants treat a property better.

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