Property Management Brainstorm

Bob continues a series of podcast episodes dedicated to the topic of security deposits. For most landlords, security deposits continue to be a highly challenging aspect of leasing rental properties. Laws are changing, tenant move-in costs can be prohibitive, and security deposit deductions can often lead to conflict. Bob discusses these challenges with Derek Merrill, Co-founder and CEO at LeaseLock, a company promising to eliminate the need for security deposits.  Topics Covered[2:20] Introduction to Derek Merrill, LeaseLock and the concept of "zero deposits" through their Lease Insurance products.[8:00] Landlord/tenant laws having an impact on alternative approaches to security deposits..  [12:00] Are flexible financial aspects of leasing here to stay due to COVID-19 pandemic?[16:15] Derek explains the competitive differentiation of Lease Insurance when compared to surety bonds and other solutions.  [21:00] The process of filing claims through LeaseLock is discussed as opposed to deducting charges