News

No security deposit required – Red Oak turns NH’s multi-family housing industry upside down

Monday, February 20, 2017 Carol Robidoux 0
This groundbreaking new policy removes the security deposit from their business model entirely, so every new resident pays only a one-time, non-refundable fee of $99 at Red Oak’s Milford apartments, or $199 at any of their other NH apartments. This fee pays for a Lease Term Bond which protects property managers from the types of things a traditional security deposit normally does. READ MORE