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A quick reference for residential investors from WILMOTH Group. Providing creative solutions, strategy, services and support in the residential investment community since 1994. |
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May A Tenant Use Their Security Deposit As Rent?
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The owner of a rental holds a security deposit for protection.
Protection from damages and unpaid rent and fees. Tenants usually
believe they are leaving a home in a similar condition as when they
moved in. This leads to the incorrect assumption by the tenant that
they are free to use their security deposit as rent. Great tenants
under this assumption will ask permission. Not so great tenants will
just not pay rent in the last month. They will argue that the held
security deposit is the rent. The following are the four best responses for a request to use a security deposit as rent.
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Why WILMOTH? Eviction Protection Guarantee We want to avoid evictions at all costs. We offer this guarantee as our promise of the care and diligence to be taken with every WILMOTH tenant selection decision. Learn More |
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Can You Help Us For A Cup of Starbucks? Social media reviews are an equal access opportunity. Tenants love to write poor reviews of property managers. Owners are busy with their investments and lives. We understand that stopping to give your Property Manager a great review is pretty low on your priority list.
If you appreciate what WILMOTH does for you, we need your 5-star review on Google. We currently have a 3.7 star rating for the reasons mentioned. Do you think we deserve better?
It will just take 30 seconds to help us out. And to say thanks the next 10 WILMOTH clients who complete a review by clicking the button below will be sent a $10 Starbucks gift card!!
Please click the purple button below to get started.
PLEASE and THANK YOU!! Enjoy Your Starbucks!
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Did You Know?
WILMOTH helps investors with much more than just property management. If you are looking to grow your portfolio, we are your partner in the acquisition process. Take advantage of our market expertise and knowledge of off-market offerings to find the next gem for your portfolio. Learn More |
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Questions? Own a property that is just not performing? Ready to increase your portfolio? Or just want to discuss anything? Let us know and we will get right back to you! |
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WILMOTH Group Residential Real Estate Property Management | Brokerage | Investor Services |
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Plus many more services and features to make your leasing and management experience simple and your cash flow maximized! |
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