Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

19
Posts
2
Votes
Jeremy Rusnak
  • Investor
  • Mount Vernon, WA
2
Votes |
19
Posts

The balancing act around making and charging for repairs...

Jeremy Rusnak
  • Investor
  • Mount Vernon, WA
Posted

Hi all,

Dug around trying to find something specific to my topic without much success...

While at one of my properties today for an unrelated issue, I happened to notice a hole in the drywall in the hallway.   Not big, but noticeable.  The tenant has not mentioned it to me at all.  I do have a clause in my lease that damage should be reported and that I will inspect units every six months.

When you notice something like this how many of you feel like you want to take care of it right away?   What's your threshold for letting something wait?   And if it's clearly negligent, how do you handle charging the tenant for something that might normally come out of the security deposit at move out?

I've been being the "good landlord" who just fixes wear and tear unless it was obviously intentional.  However, I don't want to end up in a situation where I'm repairing everything for free.   And fixing three holes at once is cheaper than fixing one hole on three separate visits, but I feel like if a place starts to look beat up the tenant and/or guests aren't going to treat things with as much respect.  (Not that I am getting a lot of holes, just illustrating a concept!)

How did you folks learned to strike the right balance? 

Most Popular Reply

User Stats

1,568
Posts
567
Votes
Peter MacKercher
  • Residential Real Estate Broker
  • Saint Louis, MO
567
Votes |
1,568
Posts
Peter MacKercher
  • Residential Real Estate Broker
  • Saint Louis, MO
Replied

Going to throw in behind @Tony Christian here, but slightly different. I agree that you need to establish what the relationship is between the tenant, the property and you as a landlord. Letting that sort of thing slip could lead to more disregard and everyone who goes to the property is a potential renter, so you want to keep the presentation of the property up. If you're doing your part to upkeep the property then it's fair to expect the same from the tenant, which is basically what my advice follows.

Just ask the tenant what happened so you know the root of the problem. I'd then inform them that they need to fix it within 30 days, and that if they don't fix it then you'll fix it and charge them for the repair. That way they have the option of avoiding the charge and fixing the problem for you, and if they did a bad job then it wasn't really fixed and you can explain that they'll be charged for the repair to their repair then. I wouldn't touch the security deposit because in my mind that's for the move out solely, even if you're going to replenish it to full.

Loading replies...