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Updated over 5 years ago on . Most recent reply

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Mario Valtierra
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General Landlording & Rental Properties

Northwest Indiana landlords

Mario Valtierra
Posted

How much is everyone from nwi charging for security deposits. What’s the round about average for our area. What are the common fees everyone puts on there leases.

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Ryan Dossey
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Ryan Dossey
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We typically do the nearest increment of 250 to the rent. So a 1200 place I'm charging 1k. A 800 place I'm charging 750 etc. 

I would suggest also charging a $200 non refundable "pet fee" per pet with a cap at 3. As well as $25 per month per pet. We had a family move into one of our rentals and this has added $1,550 in cashflow in 18 months. 

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