Just because something is the standard doesn’t always mean it is the best option. I’m starting to think this holds true when it comes to rents & deposits in the real estate industry.
First, Last and Security
This has been the standard for a tenant to get into a property since I can remember. Yes, there are some variations, especially with large apartment complexes having move-in specials and what not, but in the end first, last and one month security is the default.
Is it time for a change?
I know a handful of investors that have taken a different route in recent years.
The Case for a Two Month Security Deposit
March 2, 2019
Published by timm
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