Audience

Anyone interested in a powerful Real Estate platform

About FlexDeposit

But you also don’t want the move to take over your finances. We’re here with an option that makes it easier to keep cash in your pocket. FlexDeposit is a one-time nonrefundable fee that works the same as a traditional deposit but at a fraction of the cost. FlexDeposit lasts for the length of your lease. And if you move within the same community or to one owned by the same company, you won’t have to pay another fee. Instead of requiring a security deposit, the landlord can offer residents the option to pay a one-time, non-refundable payment for enrollment in the surety bond program. If you meet your financial and contractual obligations at the end of the lease (i.e., pay the rent and maintain the leased property in good condition) you are under no further obligation to FlexDeposit. If you do not meet your lease obligations, you are required to reimburse FlexDeposit for the losses paid, up to the bond limit amount.

Integrations

No integrations listed.

Ratings/Reviews - 1 User Review

Overall 1.0 / 5
ease 1.0 / 5
features 1.0 / 5
design 1.0 / 5
support 1.0 / 5
More Reviews Write a Review

Company Information

Assurant
flexdeposit.com/spa/home

Videos and Screen Captures

FlexDeposit Screenshot 1
FlexDeposit Screenshot 1 FlexDeposit Screenshot 2
Leap
Leap
Leap is a digital platform that provides insurance alternatives to security deposits and guarantors for the rental markets. Leap acts as an institutional guarantor for people who don't meet a building's income or credit requirements. Leap is also available to applicants without SSN/ITIN. Leap's products make leases more affordable and help renters get into the apartment they want. Leap also insures rent payments to landlords. Leap runs a hard check on a renter's credit, but the impact on their FICO score is minimal.
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Obligo
Obligo
Whether you go deposit-free or pay a cash deposit, personalize your experience with our flexible move-in solution & customized payment plan. Whether you’re using our deposit alternative, free certified electronic payments service, or repaying a balance with interest-free installments, Obligo is here to help you save money while you rent. Accelerate the leasing process with a flexible deposit alternative, certified move-in payments, and electronic deposit refunds. Easily embed our best-in-class deposit-free solutions to match your needs, delight your customers and boost your bottom line. Leverage integrated automation to engage your renters and start influencing their decisions when it matters most. Nationwide tenant surveys show higher renewal rates when landlords refund security deposits. Refunding deposits has a stronger effect on renewals than a 3% concession on annual rent.
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Schedule My Rent
Schedule My Rent
(1 Rating)
Software services to market vacancies, receive online rental applications, screen tenants with credit and background checks, collect rent, manage maintenance requests, and track expenses. Ways tenants can pay rent: - with cash at any MoneyGram location (Walmart, CVS, etc.) - with their bank account - with credit or debit cards Rent can be collected monthly, twice per month, or weekly. Landlords can receive rent the same day that rent is withdrawn from a tenant's bank account with the QuickPay option. Late fees are automatically added to a tenant's account and you can stack any combination of late fees and daily late fees to match your lease terms. Easily review your rent status: - Multi-unit view shows how much rent has been collected and how much rent is due across all your properties or for specific businesses or units. - Unit view shows the complete status for a lease and you can easily add one-time charges (utility, etc.)
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TheGuarantors
TheGuarantors
Step into a new world of renting, with unrivaled insurance products for both residents and operators—every lease, every time. We’ve modernized security deposits with an affordable alternative, so operators can offer a financial amenity to renters—reducing stress and moving costs. We guarantee leases so renters can get their perfect home, while operators attract more residents, strengthen their bottom line and eliminate risks. We enable operators to put renters insurance on autopilot, and renters to protect their home and all of their belongings. Our renter approval is determined by an unbiased, scientific algorithm so more renters can get in the door, and property managers can grow their business with less risk.
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Product Details

Platforms Supported
SaaS
Support
Phone Support
Online

FlexDeposit Frequently Asked Questions

Q: What kinds of users and organization types does FlexDeposit work with?
Q: What languages does FlexDeposit support in their product?
Q: What kind of support options does FlexDeposit offer?

FlexDeposit Product Features

FlexDeposit Reviews

Write a Review
  • A FlexDeposit User
    User
    Used the software for: 2+ Years
    Frequency of Use: Yearly
    User Role: User
    Company Size: 20,000 or More
    Design
    Ease
    Features
    Pricing
    Support
    Probability You Would Recommend?
    1 2 3 4 5 6 7 8 9 10

    "FlexDeposit review"

    Posted 2024-01-17

    Pros: I don’t see any pros in doing this or using this method, it says that is a low one time payment but mine was almost one month rent $940 something that I’m not getting back and if I leave and my apartment is dirty it won’t even cover the damn cleaning fee.

    Cons: One time fee non refundable it supposed to be a low fee but mine was more than $900, it doesn’t cover anything on your apt, they don’t give it back so what is this for then?

    Overall: Don’t use this this is just a way to take money from you my landlord didn’t explain it to me, she asked me to pay my deposit and after a year where I was gonna move out she was like “leave the apt spotless cause your deposit doesn’t cover any damages, no cleaning, no nothing” then why would they make you pay a deposit that is not gonna protect their property???? They just want your money.

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