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Updated about 6 years ago on . Most recent reply

Jay Levy's profile image
Jay Levy's profile image
Jay Levy
  • Rental Property Investor
  • from Miami FL
  • Member since Feb 23, 2017
  • Posts 65
  • Votes 37
  • Experience 8 Yrs
  • Investments 8
Connect

User Stats

65
Posts
37
Votes
Jay Levy's profile image
Jay Levy's profile image
Jay Levy
  • Rental Property Investor
  • from Miami FL
  • Member since Feb 23, 2017
  • Posts 65
  • Votes 37
  • Experience 8 Yrs
  • Investments 8
Connect
Jay Levy
  • Rental Property Investor
  • Miami FL
37
Votes |
65
Posts
General Landlording & Rental Properties

Increased rent In Lieu of Security Deposit

Jay Levy
  • Rental Property Investor
  • Miami FL
Posted

Ive been thinking about 'self insuring' our units against damage in some of our properties.  The properties I would do this in are those that we plan on rehabbing shortly.  These units rent out for $1400 a month plus 1 month security.  Im thinking about offering tenants no security but rent of $1440.  Has anyone every given tenants this option?

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