Move-in Fees vs Security Deposits - What Landlords NEED to Know!

Real Estate Investment Owners and Managers need to determine if they should accept move-in fees or hold security deposits. In this video I discuss the pros and cons of move-in fees vs security deposits. Please join the discussion if you have an opinion by leaving a comment below. I also urge you to contact your representative to vote against Illinois Bill HB3564 which would ban move in fees and cap credit checks at $20. Tenant Cloud Property Management Landlords, I highly recommend TenantCloud for your property management needs. It has a great application process with credit/background checks, lease management, maintenance requests and more. Use this link for a free account (not a trial account) and see for yourself - https://home.tenantcloud.com/signup?affiliate=86lvlz9kb2rfyn4n Rentometer - https://rentometer.referralrock.com/l/KENTONKNOWS/ Kenton Realty Group - https://kentonrg.tenantcloud.com/​ Contact Kenton Knows Email: Kentonknows@gmail.com Facebook Group: https://www.facebook.com/groups/kento...​ Twitter: https://twitter.com/KentonKnows​ Instagram: https://www.instagram.com/kentonknows/​ Reddit: https://www.reddit.com/user/KentonKnows​ Reddit Group: https://www.reddit.com/r/realestateinvestbrrrr/ Medium: https://medium.com/@kentonknows​ Quora: https://kentonknowsrealestate.quora.com/ DISCLAIMER I am Not a CPA, Attorney, Insurance Agent, Contractor, Lender or a Financial Advisor. None of the information in these videos shall not be construed as tax, legal, insurance, financial, engineering, construction or any other advice of any kind. This Youtube video is for entertainment purposes ONLY. If you need any professional advice, please contact a professional in the that specific subject matter. Linked items may create a financial benefit for Kenton Realty Group, LLC. Kenton Realty Group, LLC is a licensed real estate brokerage in Illinois License 481.010945. This is not an advertisement of property for sale and any mention of any real estate shall not be construed as anything other than an opinion for entertainment purposes only. #realestate​ #investmentproperty​ #incomeproperty​ real estate, real estate property management, real estate bank accounts, LLC bank accounts, EIN for real estate, real estate LLC operating agreement, buying an investment property, residential investment property, duplex, triplex, quad, brrrr, brrrr strategy, brrrr investment property, brrrr real estate, due on sale, quit claim deed to LLC, qcd to llc, seasoning, loan seasoning,