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Updated over 3 years ago on . Most recent reply

User Stats

9
Posts
4
Votes
Shawn Choi
  • Los Angeles, CA
4
Votes |
9
Posts

How to address an unkept unit

Shawn Choi
  • Los Angeles, CA
Posted

Hello,

I am planning on putting my 2019 built property on the market, which has an income that is above the market, and cash flows exceptionally.

With my listing agent, we did a quick inspection of one of the units prior to listing, and even though this tenant never misses a payment, we saw an absolute mess.

Walls have holes, drawers and cupboards are falling apart, paint is chipped, trash everywhere, etc. (I’m sure many investors here know what I am talking about)

What is the appropriate way to address this issue with the tenant?

Should I warn the tenant that the mess will be an issue later?

How would the experienced investor deal with this situation?

I expect that the messy unit will be a handicap when trying to sell this property.

Thank you!!

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