What to Know about Rental Home CleanoutsThe reality of owning a rental property is there will be vacancy periods. Experts advise rental home owners to have at least three to six months of cash reserves on-hand each and every year. When the property is empty, it won’t (by definition) be generating an income. Which means you’ll be quite eager to get a tenant in and paying rent as quick as possible.
At some point in your time as a landlord, you will be faced with an empty or half empty unit, wondering where your tenant is. Perhaps it’s because you served the tenant with an eviction notice and you think they’ve moved out in the night to avoid further action. Or, another possibility is that the tenant simply wanted out of the lease and the rental property and just broke it. Either way, you now have what you think might be an abandoned rental property. However, proceeding as if the tenant is long gone can be a costly mistake for you. —RentPrep.comHowever, if you rush through the process, you’ll get substandard results. And, those will show up big time. In other words, potential tenants will think you really don’t care about maintaining the property and will simply pass and look for another place to rent.
Biggest San Lorenzo Rental Home Cleanout MistakesThe good news is, practically any rental home can be put into show-able, livable condition with a little elbow grease and TLC. With the right attention, you can make it look its best. So, be sure to avoid the following rental home cleanout mistakes:
- Throwing personal possessions away. This is huge no-no. Even if the tenant isn’t coming back, you have a legal obligation to hold onto their personal possessions. Follow the landlord-tenant law carefully so don’t unwittingly invite trouble.
- Failure to document its condition. Right after a tenant vacates the rental property, it’s really important to document its condition. Take plenty of photos and jot down notes, as well.
- Not making necessary repairs. Don’t make the mistake of skipping over or half-heartedly doing repair work. It will only come back to bite you and waste precious time, if you do this.
- Showing it too soon. Even if you do make all the needed repairs, you’ve got to take the time to get it into truly showable condition. This way, it will present well and impress, meaning you’ll rent it out faster.