How does Rhino work? Rhino is security deposit insurance that replaces the need for a traditional security deposit. Instead of a large upfront cash security deposit, renters pay Rhino a small monthly fee, and Rhino insures each home for the property owner in case of damages and lost rent that might occur.
What is Rhino deposit?
Rhino is a deposit insurance type plan that replaces security deposits. It allows us to market the properties as deposit-free. This makes it extremely enticing to tenants, especially in the multi-family market. … The cost of moving paired with first month’s rent and security deposits is extremely high.
What’s the catch with Rhino?
Rhino Insurance lets you avoid putting down a security deposit when you rent an apartment. If your landlord accepts Rhino, you can skip the security deposit and pay a low monthly fee instead.
How does Rhino deposit insurance work?
Rhino’s security deposit insurance acts as a direct replacement for a cash security deposit. Instead of a large upfront cash deposit, renters pay Rhino a small monthly fee that can be as little as $5 per month, and Rhino insures the property owner for damages that might occur and lost rent.
Should I use Rhino security deposit?
Stay ahead of the game. Offering Rhino is better than having a cash deposit on hand. We protect homes like a deposit would while helping boost occupancy rates.
Can I rent without a deposit?
A Zero Deposit Guarantee replaces the traditional security deposit. Zero Deposit renting is faster and more affordable for tenants and means that you can move into the home you love without putting down an expensive five week cash deposit.
Does Rhino give your money back?
Users can either be new or current renters – if you’re applying to live in a unit you can use Rhino’s service to avoid a security deposit in the first place, or if you’re a current renter at a Rhino-supported building you can sign up and get a full refund of the deposit you already paid.
Do you get Rhino money back?
Rhino replaces the need for a large security deposit and your low monthly payments are not refunded at the end of your lease. Rhino fulfills the same requirement as a deposit, but at a fraction of the cost. In addition to paying for a Rhino policy in full at move-in, you can make payments in monthly installments.
Does Rhino work as a guarantor?
If you are not approved for a lease on your own, Rhino can act as your guarantor. In order for Rhino to act as your guarantor, you will need to understand how much coverage your property manager will need on your Rhino policy.
Is Rhino a one time purchase?
Rhino Pricing Overview
Rhino pricing starts at $995.00 as a flat rate, as a one-time payment. They do not have a free version. Rhino offers a free trial.
Is it illegal to own a rhino?
Last year alone, more than 35,000 African elephants and 1,300 rhinos were killed by poachers. … Currently, only 5 states—California, Hawaii, New Jersey, New York and Washington—have banned the purchase, sale, trade and possession with the intention to sell of ivory and rhino horns.
Is Rhino 3D a subscription?
It is free. International prices may vary. Prices do not include taxes. … Prices include support and service releases for the current version.