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Updated over 7 years ago,

User Stats

38
Posts
33
Votes
Derrick Lloyd
Pro Member
  • Investor
  • San Diego, CA
33
Votes |
38
Posts

Deposit for roommate

Derrick Lloyd
Pro Member
  • Investor
  • San Diego, CA
Posted

I have a 2 bedroom/2 bathroom primary residence that I bought with the intention of renting out the extra room.  Originally I had a friend renting from me for about 2 years, and there were MANY lessons learned.

This time around, I plan on having a required deposit, but not sure how much it should be.  I think 1 months rent would be a little overkill since they will just have the room and bathroom (rent will be $900).  Is half a months rent a good number?

  • Derrick Lloyd
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