Monday, June 05, 2006

Rentals Make More Money

For a company like Avalon Bay or Equity Residential, that has tens of thousands of apartments.

Instead of taking 1-1 1/2 months of rent as a security deposit, they should self insure themselves and ask residents to rather pay a premium. Residents can choose either the one or the other.
for each 10,000 apartments this could generate about $250,000 a month of new revenue, depending on how you price the premiums

2 comments:

underdogtoo said...

Thanks for the suggestion. I have placed a link to your blog. Will it be reciprocal?

Singles said...

sure,, How often do u add a post