Originally published at: https://devopenrent.wpengine.com/are-you-putting-tenants-off-with-high-upfront-costs/
A great way to put tenants off your property is to demand a big lump-sum payment before they can move in. This lump-sum is usually the amalgamation of: Holding deposit Security deposit (six week’s rent) First month’s rent upfront Agency fees Referencing, inventory, etc. It isn’t uncommon for these fees to add up to well…