Rental Deposit
5 posters
Rental Deposit
A recent post about rental agencies asked about "the best" -- or something of that nature.
My question is a little different: If you contract with a rental agency and are required to pay a deposit upfront (usually 1st & last + a deposit equal to a month's rent), which agency is the most agreeable (to avoid the word "ethical") or disagreeable to deal with?
In other words, to those who have been faced with the termination of a contract: What has been your experience regarding the refund of your deposit? Haggling over cleaning fees? Damage to property? Anything else?
My question is a little different: If you contract with a rental agency and are required to pay a deposit upfront (usually 1st & last + a deposit equal to a month's rent), which agency is the most agreeable (to avoid the word "ethical") or disagreeable to deal with?
In other words, to those who have been faced with the termination of a contract: What has been your experience regarding the refund of your deposit? Haggling over cleaning fees? Damage to property? Anything else?
Lehrer- Share Holder
- Posts : 1303
Join date : 2010-06-23
Age : 81
Location : Tizapan el Alto, Jalisco, MEXICO
Humor : Sometimes
Re: Rental Deposit
Just hearsay, mind you.......but I've heard that getting a rental deposit back is about as much fun as having a root canal without novocaine.
Buen suerte.
Buen suerte.
gringal- Share Holder
- Posts : 11955
Join date : 2010-04-09
Location : Lake Chapala (from CA)
Humor : occasionally
Re: Rental Deposit
Just to be contrary: Out of the 50 or so times we've rented our 4 apartments we've never charged a deposit and only once got stuck for a 500 peso fix-it (*&%^* dog). I mean jeez, we're renting to seniors looking for their place in paradise, not a bunch of wild assed teens on spring break.
oncesubtle- Moderator
- Posts : 2043
Join date : 2010-04-07
Humor : After 2nd cup of coffee
Re: Rental Deposit
Damn! You wouldn't happen to have a 2-bedroom, 2-bath house for rent (starting September 1st) would you???oncesubtle wrote:Just to be contrary: Out of the 50 or so times we've rented our 4 apartments we've never charged a deposit and only once got stuck for a 500 peso fix-it (*&%^* dog). I mean jeez, we're renting to seniors looking for their place in paradise, not a bunch of wild assed teens on spring break.
:face:
Lehrer- Share Holder
- Posts : 1303
Join date : 2010-06-23
Age : 81
Location : Tizapan el Alto, Jalisco, MEXICO
Humor : Sometimes
Re: Rental Deposit
I've always collected a deposit as it keeps people on their best behavior but never had to keep a penny and people get the deposit back the moment they leave.
Intercasa- Share Holder
- Posts : 3006
Join date : 2010-04-05
Age : 54
Location : Chapala / Zapopan
Humor : Barbed wit
Re: Rental Deposit
Damn! You wouldn't happen to have a 2-bedroom, 2-bath house for rent (starting September 1st) would you???
:face: [/quote]
Yes, but rather than taking this opportunity to shamelessly market our apartments I'll send you a PM.
oncesubtle- Moderator
- Posts : 2043
Join date : 2010-04-07
Humor : After 2nd cup of coffee
Re: Rental Deposit
oncesubtle wrote:
Damn! You wouldn't happen to have a 2-bedroom, 2-bath house for rent (starting September 1st) would you???
:face:
Yes, but rather than taking this opportunity to shamelessly market our apartments I'll send you a PM. [/quote]
You sound like a great landlord. The people who've had the bad experiences weren't so lucky. Good for you!
gringal- Share Holder
- Posts : 11955
Join date : 2010-04-09
Location : Lake Chapala (from CA)
Humor : occasionally
Re: Rental Deposit
"You sound like a great landlord. The people who've had the bad experiences weren't so lucky. Good for you!" [/quote]
Aw shucks gringal, thanks. We were two of those people who had a bad experience and vowed early on to create the experience we would have appreciated when we first arrived. 99% of our renters are people just like we were then; excited, nervous, mostly lost and bewildered as are most strangers in a strange land.
We've found respecting and trusting others creates a mutual bond and that's just good business. No deposit. 8)
Aw shucks gringal, thanks. We were two of those people who had a bad experience and vowed early on to create the experience we would have appreciated when we first arrived. 99% of our renters are people just like we were then; excited, nervous, mostly lost and bewildered as are most strangers in a strange land.
We've found respecting and trusting others creates a mutual bond and that's just good business. No deposit. 8)
oncesubtle- Moderator
- Posts : 2043
Join date : 2010-04-07
Humor : After 2nd cup of coffee
Re: Rental Deposit
Yep, Bob is the best landlord Lakeside. We have stayed with him several times and he and Candace have become good friends. Some of my "most excellent adventures" in that area have been with him.
Re: Rental Deposit
I've learned from various sources that the agency I'm dealing with leaves a lot to be desired. I should have known from the experience I had when I moved in: They were billing me for expenses left from the previous tenant! It took me MONTHS to get them to correct the charges.
That, together with the fact that getting repairs to the residence handled efficiently and in a timely manner has been like pulling hens' teeth, has caused me to decide that I don't want to deal with them any longer.
So, with the advice of several persons (one of whom is schooled in law), I decided that I would use the $550 USD "damage" deposit as the "next-to-last" month's rent. The last month is already in their hands (since 2006). That leaves a $200 USD telephone deposit. If I lose that, no biggy. Not so bad as losing $750 USD.
That, together with the fact that getting repairs to the residence handled efficiently and in a timely manner has been like pulling hens' teeth, has caused me to decide that I don't want to deal with them any longer.
So, with the advice of several persons (one of whom is schooled in law), I decided that I would use the $550 USD "damage" deposit as the "next-to-last" month's rent. The last month is already in their hands (since 2006). That leaves a $200 USD telephone deposit. If I lose that, no biggy. Not so bad as losing $750 USD.
Lehrer- Share Holder
- Posts : 1303
Join date : 2010-06-23
Age : 81
Location : Tizapan el Alto, Jalisco, MEXICO
Humor : Sometimes
Similar topics
» Can you Deposit a U.S. check in HSBC and get pesos?
» Seeking home rental that allows 2 small dogs will provide extra large security deposit.
» Car rental place near Poncho's deli or other rental places
» In Like The Pan American Limited, Out Like The Fort Deposit Local
» Safety Deposit Boxes
» Seeking home rental that allows 2 small dogs will provide extra large security deposit.
» Car rental place near Poncho's deli or other rental places
» In Like The Pan American Limited, Out Like The Fort Deposit Local
» Safety Deposit Boxes
Permissions in this forum:
You cannot reply to topics in this forum