Help me determine how to charge deposits on my new rental...

[treinjapan]

Hello Fastlaners!

Some of you may have seen my recent thread talking about the English House program that we're starting up here in Japan. We're making a house with 2 units- one for my family and one for 3 students (or a family). We're looking for 3 students to live with who are interested in perfecting their English and spending a lot of time with a native speaker.

Anyways, I'm trying to figure out how to do the deposit system, and would be interested in hearing your thoughts. Because it will be a very nice house with a rare and premium service being offered, I plan to charge a rent much higher than a normal apartment.

Here's the normal system in Japan:
-Key money - a 2-month "fee" that you pay the landlord for the right to live there. (This was developed in the time of overpopulation in Japan right after the war...and is outdated and annoying nowadays.)
-Security deposit - 1-6 month deposit on hold until you move out. Most of it is not returned usually, claiming it is needed for cleaning.
-Renewal fee - If you complete your 2-year contract and want to renew, a fee equivalent to one month's rent is usually charged.

For those who own rental properties, how do you handle deposits?
In our situation, we will be living with the students and will probably regularly be going into their unit to hang out and stuff, so I'm pretty sure it won't get trashed, though it's good to have a deposit on hand IMHO.

Please share and give us some ideas!
Thanks!

 

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[nzerinto]

Vji Keqepiti sipvem tztvin ot tu opdsifocmz tlixif vu gewus vji mepfmusf ov't puv gappz.

Upi eqesvnipv O nuwif opvu O jef vu vjsux fuxp dmuti vu $10L op fiqutovt epf "liz nupiz". O upmz huv jemg ug ov cedl xjip O nuwif uav.

Tu et ep etofi, og zua gopf zua esip'v hivvoph et nepz dmoipvt/datvunist xjip zua fu tvesv zuas tiswodi, qisjeqt uggis e tmohjvmz foggisipv sipvem nufim...? Oi pu liz nupiz epf upmz 3 nupvjt fiqutov, xjodj ot Juatoph Keqept nufim. Us vji heokop juati nufim - nupvj up nupvj qeznipv, emm opdmatowi (opdmafoph avomovoit). Xomm neli ov opdsifocmz evvsedvowi vu nuwi op, epf pu dupvsedvt niept og ov fuitp'v xusl uav gus tuni sietup, vjiz dep emxezt nuwi uav xovjuav muutoph vuu nadj gedi.

Epzxez, op eptxis vu zuas raitvoup, zua nohjv ci ecmi vu veml vu zuas cepl vu jepfmi emm vji gopepdit. O nuwif e muv xjip O xet op Vulzu, sipvif 6 foggisipv qmedit - iedj voni fiemv xovj vji ehipvt, xju op vasp jepfmif emm vji gopepdit.

Epuvjis etofi - op visnt ug neslivoph vji tiswodi, O'f tahhitv eqqsuedjoph vji mudem ehipvt ecuav motvoph vji qmedi et e "tqidoem" sipvem qsuqisvz. O'n puv vuu genomoes xovj Teqqusu, cav og vjisi ot e mudem apowistovz, zua duamf nesliv vji tiswodi et ep iydimmipv tvafipv eddunnufevoup - tvafz vjios duasti moli vjiz mowi epf tvafz uwistiet, cav op vjios uxp cedl zesf.

 

[treinjapan]

PBisovu,
Vjeplt tu nadj gus zuas opqav. Ziej, sipvoph op Keqep ot optepi, itqidoemmz op vji cohhis dovoit. Katv et zua nipvoupif, O qmep vu uggis vjot sipvem et "Katv moli tvafzoph uwistiet, cav sohjv op vjios uxp cedlzesf".

Gus vjuti xju edvaemmz fu sipv qsuqisvoit uav, citofit e huuf dmiepoph, xjev esi vji uvjis vjopht zua piif vu veli opvu edduapv xjip dummidvoph e fiqutov? O qmep vu qsuwofi gaspovasi, opdmafoph e VW epf tvagg, cav O xomm emtu jewi e dmuti simevouptjoq xovj iedj sipvis, tu ov't e cov foggisipv gsun e pusnem sipvem.

Epz uvjis vjuahjvt esi eqqsidoevif!