No Security Deposit Option

[Brad Larsen]

As a SFH Property Management company, we have adopted a No Security Deposit option called our Preferred Tenant Program. We subscribe to a service called Obligo.

In this method, we use Obligo and their Billing Authorization Technology, to allow the tenants to rent from us with no up front security deposit by paying a small monthly fee.  

We expect 60 to 80 percent adoption.

Today, I am presenting this at the NARPM Broker - Owner conference.  Hopefully I get some good feedback on any improvements.