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Investing security deposits in the stock market.
Has anyone ever considered placing security deposits in the stock market? I'm talking about dividend paying stocks such as Google, Apple or
Microsoft. It's an idea I've been playing with. My rental property is in Fort Worth, TX and I haven't seen any regulations against it. The only risk is if there is a market downturn as tenants are leaving a rental property. I only own one duplex so I could afford to pay out of pocket for any deficit from investing the security deposit.
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Nathan Gesner
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The security deposit is not your money. It is the Tenant's money, held by you in case the tenant fails to abide by the contract. You shouldn't be spending it, gambling it, or investing it.
- Nathan Gesner
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The DIY Landlord Book
165 Reviews
4.7 stars