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Updated over 7 years ago,

Freeman Schultz's profile image
Freeman Schultz's profile image
Freeman Schultz
  • from long island, new york
  • Member since Oct 5, 2015
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103
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10
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Freeman Schultz's profile image
Freeman Schultz's profile image
Freeman Schultz
  • from long island, new york
  • Member since Oct 5, 2015
Connect
Freeman Schultz
  • long island, NY
10
Votes |
103
Posts
General Landlording & Rental Properties

Lease Gurantor Insurance

Freeman Schultz
  • long island, NY
Posted

Has anyone had experience with lease guarantor insurance services? The idea is that tenants pay a third party to act as a guarantor. Apparently it is very useful for overseas tenants who have no credit history. Instead of putting down an extra security deposit, they pay a fee to the service to act as a guarantor. If they default, the services pays the lease term.

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