Holds and Security Deposits

Hi there, I'm brand new to OR but an experienced Airbnb host.

I'm curious to know how you handle security deposits. What's a reasonable amount to hold? Also, where in OR does one control whether it's released or not if there are damages?

The amount chosen for the hold varies by region and property. The default is $300, though we see some hosts charging $700-$1000. It really depends on your market.

Inside each booking transaction, your security deposit has an option to release or collect. When you collect a portion of the security deposit, the remainder is refunded.

This article has more details:

https://www.ownerrez.com/support/articles/security-deposit-holds