Most Common Brookshire Rental Home Clean Out MistakesThe 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 one big, gigantic mistake is to rush.
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.comIf you experience a vacancy (which is inevitable) take the opportunity to really spruce up the place as much as possible. The better it looks and the more function it provides, the less time it will stay empty.
Top Rental Home Clean Out MistakesThe good news is, practically any rental home can be put into showable, livable condition with a little elbow grease and TLC. But, you can’t undermine yourself. (Unfortunately, too many rental property owners do just that.) Here are the top rental home clean out mistakes to avoid:
- Throwing the last tenant’s personal possessions out. Don’t do this. Not ever. It’s merely an invitation to a whole bunch of headache and unwanted trouble. Store it away and make good faith attempts at contacting your former tenant.
- Not making repairs before purchasing new appliances and/or materials. Okay, it’s understandable you want to spend as little as possible. But, that’s shortsighted. Think long-term instead and make necessary repairs and upgrades where needed.
- Cleaning out the property too quickly and not assessing and documenting its condition. If the last tenant did damage your rental property, you need to take the time to document said damage and do so well. Then, you can get it back into shape.
- Trying to show it before it’s properly cleaned out, disinfected, and ready to rent out to another tenant. Just do not do this, ever. Make sure it’s clean and ready to go and don’t try to rush it.