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Updated over 7 years ago,
Refunding security deposit?
Hi Investors,
One of our tenant recently moved out. We are still waiting for quotes for some of the fixes. If we have not fix the issue yet(cracked tiles & garage doors), can we still deduct the security deposit? What if we decided not to fix it but the tenants did break the tiles?
Thanks!
PS: I'm finding tenant move-out to be costing a lot more than I expect. How much is your average move-out cost? Just painting the whole house alone set me back a few thousand.