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Updated over 7 years ago on . Most recent reply

Mike Nelson's profile image
Mike Nelson's profile image
Mike Nelson
  • Investor
  • from Oak Park, Illinois
  • Member since Nov 3, 2014
Connect

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302
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148
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Mike Nelson's profile image
Mike Nelson's profile image
Mike Nelson
  • Investor
  • from Oak Park, Illinois
  • Member since Nov 3, 2014
Connect
Mike Nelson
  • Investor
  • Oak Park, IL
148
Votes |
302
Posts
General Landlording & Rental Properties

Move-in fees when some tenants of group are new

Mike Nelson
  • Investor
  • Oak Park, IL
Posted

In Chicago some of us are charging a move-in fee rather than charge a security deposit.  A year ago, three people leased a three bedroom apartment, and a $350 fee was charged.  Now that it is time for a renewal, one or two of the group may be replaced with new members, provided they qualify.  Should the new tenants be charged a move-in fee?

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