security deposit amount

[Dan-And-Laura0]

What would be a proper security amount for a 200. per night rental?

[David126]

Mainly physcological and directed at Guests who do not know it is very diffilct to claim against, 3 or 4 days rental?

[Rene-and-Zac0]

@Dan-And-Laura0 I suspect it would be easier to take something out of the vaults of Fort Knox than to collect a security deposit from an Airbnb guest.

Make it 1 million dollars, it’s just for visual effect anyway, you have to get the media involved to collect a security deposit. 

Here’s a short read on a prime example of how collecting on a damage deposit typically goes-

http://www.thisisinsider.com/airbnb-host-allegedly-claims-guest-trashed-texas-home-2018-3

[Roberta2]

Hi @Dan-And-Laura0

I do not count on the Airbnb security desposit. I take 1% of the booking, and put aside, for property upkeep (new towels, anything that needs fixing / replacing, cleaning products).

[Dan-And-Laura0]

Hi Roberta,

Thank you for responding soo quickly, I appreciate it!  I am just getting my feet wet and value your input regarding the security deposit.  I hope you have many good years of bookings!!

Best regards,

Laura