Re: Tenant’s security refund - Posted by Frank Chin
Posted by Frank Chin on June 25, 2011 at 21:40:07:
Chyna:
1- I generally do a walkthrough of the rental unit with the tenant, and if everything checks out, I issue the refund check right then and there. Yes, 45 days is very excessive.
2- After every turnover, all my units are painted, and normally painters would spackle and do small repairs to get the job, or for a slight additional cost. I once did not do painting when the tenant moved out in several months and the result was it took a month longer to rent the unit out, and the lost rent would’ve paid for two paint jobs. My freshly painted apartments rent in a snap.
So NO, you cannot get the cost of a paint job after two years. BTW, at one time when I charge market rents, all my tenancies average two years, so if my position is “I don’t paint every 2 years”, then I’ll wind up renting mostly unpainted apartments. Unpainted apartments take forever to rent out, and aside from the asthetics, most tenants are grossed out from the fact that the GERMS of the prior tenant is still there, and when “AIDS” was in the news some years back, I hear people complaining about landlords renting unpainted apartments (because it was only painted 2 years before) and freaking out they’ll catch AIDS.
BTW, I once had a house for rent, and there were 2 or 3 competing rentals in the area. About 6 people were fighting to rent my place for the simple reason the other landlords refused to paint their units because the prior tenants was there for a short time. I rented my place out the same weekend my prior tenant moved out. This is not the first time I had such good luck, and I have to be forever thankful to nearby LL’s who won’t paint.
3- You can charge for the depreciated cost of the light covers, so you’re not going to get the cost of brand new light covers.
4- If she snuck a cat in, and there are issues relating to that, such as odors which has to be eliminated, then you can try to recover it as well.