Tenant damage is a topic property owners and managers don’t like to discuss, and something we all hope to avoid. But, you need to know what to do if a tenant destroys property, and today we’re talking about some things you can do to mitigate the risk.
Tenant Damaged Property: An Example
Recently, we had a takeover property that was previously managed by another company. The owner was not happy with those services and switched to us. There was already a tenant in place, and that tenant moved out shortly after we took over. It was apparent that the other company did not do periodic inspections and weren’t concerned about the condition of the property. We found the home needed new carpet, new paint, and a lot of repairs. So, we were faced with getting the house put back together so the owner could get it back on the market quickly.
Property Management Charlotte: Tenant Destroying Property
We had contractors in place quickly, and utilized our in-house maintenance technician to take care of the repairs quickly and efficiently. Our work saved the owners a lot of money. We got the property up and running and got a good paying tenant in the house. That tenant is also taking care of the property.
Tenant Caused Damage: Who Pays?
It is imperative to collect a good security deposit from the tenants before they move in. This will help go towards any potential repairs or damage. It’s also important to do your inspections. Get inside the house periodically so you can keep up with the condition of the home. This will give you an opportunity to find deferred maintenance or needed repairs. Tenants might not tell you what’s wrong. You need to find those items and take care of them to avoid issues in the future.
Please keep these things in mind and have a great Charlotte property management company in place to help you avoid these problems. If you’d like to hear more about how we can help, please contact us at Wess Cason Realty.