Modern Security Deposits for Modern Renting
Replace traditional security deposits with a low monthly fee. Reduces move-in costs for residents while maintaining your financial protection against damages.
Lower move-in costs • Fast payouts • Higher retention
A Better Way to Handle Deposits
Eliminate the biggest barrier to leasing while keeping your properties fully protected.
Eliminate the Security Deposit Barrier
Help residents move in with ease by replacing traditional security deposits. Reduce financial hurdles and attract more residents while maintaining peace of mind.
Fast Payouts for Property Owners
If residents cause damage at move-out, we reimburse you up to the full deposit amount, ensuring you get paid quickly without hassle.
Increase Resident Satisfaction
Lowering the move-in costs leads to a more positive rental experience, which can contribute to higher resident retention and satisfaction.
Coverage Without the Upfront Cost
Traditional deposits create barriers. Beagle’s alternative keeps residents happy and your properties protected — with fast payouts when you need them.
Revenue from Every Lease
Earn a share of the monthly fee collected from residents who opt into the deposit alternative. Revenue scales automatically with your portfolio.
Instant Setup, Zero Fees
No onboarding costs, no contracts, no hidden fees. Launch the program across your portfolio in minutes and start earning immediately.
Faster Lease-Up Rates
Properties offering deposit alternatives see significantly faster lease-up rates. Lower move-in costs mean more applicants and fewer vacant units.
Full Damage Protection
Your financial protection stays intact. If a resident causes damage at move-out, you’re reimbursed up to the full deposit amount through the waiver program.
Frequently Asked Questions
Common questions about security deposit alternatives for property managers.
Instead of paying a traditional lump-sum security deposit at move-in, residents pay a small monthly fee throughout their lease. This fee funds a waiver program that covers the property manager for damage up to the full deposit amount, while dramatically lowering the financial barrier for residents.
Yes. If a resident causes damage at move-out, you file a claim and get reimbursed up to the full deposit amount. The coverage is equivalent to holding a traditional deposit — the difference is how the resident pays for it.
Absolutely. Many property managers offer the deposit alternative as an option alongside traditional deposits, letting residents choose what works best for them. This flexibility can increase your applicant pool without changing your existing processes.
Beagle charges no onboarding fees and no long-term contracts. Residents pay a small monthly fee, and property managers earn a share of that fee as recurring revenue. You set the pricing, and there are no hidden costs.
Beagle’s security deposit alternative program is designed to comply with applicable state and local regulations. Our legal team continuously monitors regulatory changes to ensure the program remains compliant across all 50 states.
Most property managers are up and running within minutes. Beagle works alongside major property management platforms, so setup is fast and seamless. Once connected, the deposit alternative is available for your next lease signing.
Products That Facilitate Property Management
Beagle products work even better together
Turn Compliance Into a Revenue Stream
A master liability policy that protects property owners from tenant-caused damage. Beagle handles enrollment, billing, and compliance monitoring automatically.
Lower Move-In Barriers, Keep Full Protection
Replace traditional security deposits with a low monthly fee. Reduce move-in costs for residents while maintaining your financial protection against damages.
Open Your Portfolio to Pet Owners
Cover property damage caused by pets and dog bite liabilities. Attract pet owners without increasing risk to your portfolio.
Your Benefits, Your Markup, Your Revenue
Unlike competitors that take a cut of your revenue, Beagle lets you keep 100% of the markup on every benefit you offer. Set your own pricing and build a new profit center for your portfolio.
