Why Your Property Management Company Should Offer Its Own Deposit Waiver Program
How One PM Pulled 41% Profit Margins—and Why You Should Stop Leaving Money on the Table
It’s been a long time since I’ve written at any length about security deposit alternatives. Our Fee Maxing Value Pack course (available only to our Founding Member subscribers) has a lesson on this subject, but that content was created several years ago when I was starting off with our own in-house program for security deposit waivers. We’ve learned a lot since then, and helped many other PMs implement their own programs, while numerous vendors have popped up in the industry offering their own programs, so I think it’s time for a deep-dive into this topic for our paid subscribers. For those hesitant to pay $99/mo for a subscription, I’ll just tell you that the average PM company can make 30x that amount in a single month with their own in-house program. So if you want to learn how, bite the bullet and mash that paid subscription button if you haven’t already to read on.
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