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Updated over 6 years ago,

Jeff T.'s profile image
Jeff T.'s profile image
Jeff T.
  • Rental Property Investor
  • from Culver City, CA
  • Member since Jun 30, 2014
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User Stats

221
Posts
78
Votes
Jeff T.'s profile image
Jeff T.'s profile image
Jeff T.
  • Rental Property Investor
  • from Culver City, CA
  • Member since Jun 30, 2014
Connect
Jeff T.
  • Rental Property Investor
  • Culver City, CA
78
Votes |
221
Posts
General Landlording & Rental Properties

What do you charge for your deposit? Higher = better applicant?

Jeff T.
  • Rental Property Investor
  • Culver City, CA
Posted

I'm just curious, because I have rentals and have been getting poor applicants for a long time. I recently decided to charge 1.3-1.5x rent instead of typical 1x rent and I've been getting better tenant applications.

Maybe I'm weeding out some borderline applicants with the higher deposit?

I'm curious what others are doing.

Any thoughts?

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