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Updated almost 2 years ago,
Collecting rental deposit from credit card?
Leasing my first long term rental.
Tenant has asked if I can charge their American Express for the security deposit amount. The only potential issue I see with this is that they could potentially do a charge back at the end of the lease term (or earlier) for the amount. This is a higher end property and the deposit is at $3800/month.
Everything else checks out good for tenant- background, credit, rental history, income level.
This isn't ideal, but I don't have tons of other leads for this particular property at this price point, so I'm considering it to get it rented.
Thoughts?