Why Security Deposits Are Costing Landlords More Than They Think w/ Andrew Bowen

Lease insurance for rental property explained: Andrew Bowen of LeaseLock breaks down how to replace deposits and protect your assets at scale.In this episode of RealDealChat, Jack Hoss sits down with Andrew Bowen, VP at LeaseLock, to break down why the security deposit model is broken and what smart operators are replacing it with.Andrew brings 30 years across rental housing, SaaS, and InsureTech. He's seen both sides of the table and pulls no punches on what most operators are getting wrong.What lease insurance actually is and how it replaces the deposit with a certificate worth 1–3x coverageHow $90k in claims on a 260-unit deal translated to $1.6M in preserved asset value at saleWhy 59% of Americans can't cover a $1,000 emergency, and what that means for your leasing funnelHow underwriting works at the asset level, not the individual tenant levelThe zero deposit marketing advantage and why it fills buildings fasterThe biggest operational gap Andrew sees across rental portfolios nationwideThe cost per lead trap that's quietly killing multifamily marketing ROIWhy most operators think they're unique, but probably aren'tThis episode is for multifamily operators, property managers, and buy-and-hold investors tired of deposit disputes eating into their returns.🔗 Learn more about LeaseLock: https://leaselock.com🔗 Build systems for your investing business: https://realdealcrew.comWork With RealDealCrewIf you’re already closing deals but your intake, follow-up, or visibility feels inconsistent, here are two ways to go deeper:Take the Deal Intake AssessmentSee how resilient your current operation actually is.→ https://assessment.realdealcrew.comBook a Fit CallIf you want to explore what a fully system-driven deal flow looks like, let’s talk.→ https://realdealcrew.com/bookLIKE • SHARE • JOIN • REVIEWWebsiteApple PodcastsYouTubeYouTube MusicSpotifyAmazon MusicFacebookTwitterInstagram