Tips on Conducting Rental Property Move-In Reports
Move out reports and security deposit reconciliations are by far one of the least favorite things for landlords to conduct. Often is it because they don't know exactly what condition the property was in when the tenant moved in.
Having a thorough and well documented move-in report will counteract any questions on the condition of the home when the tenant moved it. The tenant will be held accountable for any discrepancies between the move-in and move out reports.
When performing the move-in report, make sure you allow yourself plenty of time to be accurate and methodical in your records. This will save you headaches in the long run.
Starting your move in on one side of the house only to move to the other, and then back to where you started; leaves a lot of room for something to get over looked. This is why creating a consistent pattern is extremely desirable. Details are important; the more the better. Marking an entire bedroom as okay creates a lot of ambiguous wiggle room come move out.
Start from the ceiling and work your way down to the floors. Are there hooks or cracks in the ceiling? Is the popcorn crumbling in some areas? Check to see if the ceiling fan works properly. Make sure all the lights are all working properly
Then look for the same things throughout the room. Document the condition of the floors; are there new hardwood floors or linoleum? Are there stains or worn areas on the carpet? Check all the windows and make sure they open and close, check the locking mechanism and screens.
Proceed in the same manner throughout the rest of the home. Go through each and every bedroom and bathroom. Examine ever cupboard in the kitchen, open the stove, and check for leaks in the sinks or showers. Don't forget any extra rooms like an attic or laundry room.
The exterior of the home often gets over looked but it is imperative that the exterior condition gets acknowledged. They say a picture is worth a thousand words; as such, it is a tool that a savvy landlord would be wise to implement; during all move- in and move out reports.
Allow your tenant to review the move-in report; answer any questions they may have. Arrange for convenient times to make any repairs that may have arisen during the move-in. Have your new tenant sign and date the report with the understanding that this IS the move-in condition. Mail or give them a copy of the report, and allow them three to seven days to make notes of anything else they may find needs documentation.
Detailed move-in reports are essential to rental properties. You as the landlord and the tenant will benefit from such a report. Not only does it protect the tenant from incurring costs from damage that was present prior to their move-in; it also protects you the homeowner in the event that there is new damage after the tenant moves out. - 23222
Having a thorough and well documented move-in report will counteract any questions on the condition of the home when the tenant moved it. The tenant will be held accountable for any discrepancies between the move-in and move out reports.
When performing the move-in report, make sure you allow yourself plenty of time to be accurate and methodical in your records. This will save you headaches in the long run.
Starting your move in on one side of the house only to move to the other, and then back to where you started; leaves a lot of room for something to get over looked. This is why creating a consistent pattern is extremely desirable. Details are important; the more the better. Marking an entire bedroom as okay creates a lot of ambiguous wiggle room come move out.
Start from the ceiling and work your way down to the floors. Are there hooks or cracks in the ceiling? Is the popcorn crumbling in some areas? Check to see if the ceiling fan works properly. Make sure all the lights are all working properly
Then look for the same things throughout the room. Document the condition of the floors; are there new hardwood floors or linoleum? Are there stains or worn areas on the carpet? Check all the windows and make sure they open and close, check the locking mechanism and screens.
Proceed in the same manner throughout the rest of the home. Go through each and every bedroom and bathroom. Examine ever cupboard in the kitchen, open the stove, and check for leaks in the sinks or showers. Don't forget any extra rooms like an attic or laundry room.
The exterior of the home often gets over looked but it is imperative that the exterior condition gets acknowledged. They say a picture is worth a thousand words; as such, it is a tool that a savvy landlord would be wise to implement; during all move- in and move out reports.
Allow your tenant to review the move-in report; answer any questions they may have. Arrange for convenient times to make any repairs that may have arisen during the move-in. Have your new tenant sign and date the report with the understanding that this IS the move-in condition. Mail or give them a copy of the report, and allow them three to seven days to make notes of anything else they may find needs documentation.
Detailed move-in reports are essential to rental properties. You as the landlord and the tenant will benefit from such a report. Not only does it protect the tenant from incurring costs from damage that was present prior to their move-in; it also protects you the homeowner in the event that there is new damage after the tenant moves out. - 23222
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posted by X - Men @ 11:29 AM
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